Rely
Netherlands
Valuation
$7.6M
2021 Revenue
$2.5M
Customers
6.5K
Funding
$0
Avg ACV
$388
Team
30
Founded
2012
How Rely CEO Hizam Ismail grew to $2.5M revenue and 6.5K customers in 2021.
Provider of IT services for notaries. The companies IT services cover a large range from cloud hosting to online backup thus enabling enterprises to get access to all the required IT services at from one company.
Last updated
Rely Revenue
In 2021, Rely's revenue reached $2.5M. Since its launch in 2012, Rely has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Rely Hit $2.5m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
Rely Valuation, Funding Rounds
Rely's most recent disclosed valuation is $7.6M.
Rely is a bootstrapped Online Backup Software startup. Founded in 2012, Rely has grown to $2.5M in revenue without raising any venture capital or outside funding.
As a self-funded Online Backup Software SaaS company, Rely has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Hizam Ismail
Hizam Ismail is the co-founder and CEP of Rely, a leading "buy now pay later" platform that enables retailers to tap on the evolving needs of Millennials and Gen Z shoppers and power a brand new shopping experience for their stores. Driven by his insights as a Millennial and his experiences in the alternative lending space, Hizam and his co-founders launched Rely in 2018, a platform that enables retailers to offer shoppers the ability to split their purchase into interest-free payments at the point of sale. The consumer-centric solution helps drive uplift in key metrics for retailers without any risk. Hizam oversees the product and capital strategy or Rely, supporting the adoption of the "buy now pay later" concept in the region. Rely is not the top rated "buy no pay later" service among the next generation of shoppers, supporting large enterprise and SME retailers such as Qoo10, SK Jewellery Group, JD Sports and Secretlab. Hizam graduated from Royal Melbourne Institute of Technology with a major in economics and finance.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Rely serves 6.5K customers.
Rely Employees & Team Size
Rely employs approximately 30 people as of 2026. It serves 6.5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 30 employees (April 2021) |
Frequently Asked Questions about Rely
What is Rely's revenue?
Rely generates $2.5M in revenue.
Who founded Rely?
Rely was founded by Hizam Ismail.
Who is the CEO of Rely?
The CEO of Rely is Hizam Ismail.
How much funding does Rely have?
Rely raised $0.
How many employees does Rely have?
Rely has 30 employees.
Where is Rely headquarters?
Rely is headquartered in Netherlands.
Compare Rely to the industry
Rely operates across multiple industries. Browse revenue, funding, and growth data for Rely in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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