BnR Summit 2026

Belt & Road Summit - Deal-Making 2026

9 – 15 Sept 2026 | Hong Kong, China (Hong Kong)

Register
Register
Register

Investment TargetUpdated on 18 August 2026

Africa's Business Growth Partner

CEO at More Classifieds Agency Ltd

Kenya

About

Kenya's Digital Marketplace and SME Growth Partner

The Problem

Kenya is home to 7.4 million small and medium enterprises. They are the backbone of the economy, employing the majority of the workforce and driving trade in every town and estate. Yet more than half of them have no effective online presence. Their customers are searching online, on their phones, right now, and cannot find them. Existing options fail these businesses: global platforms are built for a different market, digital marketing agencies are priced for corporates, and social media alone offers noise without discoverability. The result is a massive visibility gap between the businesses that need customers and the customers who need them.

Our Solution

More Classifieds Agency closes that gap. We are a centralised, affordable, data-driven platform that connects Kenyan businesses directly with ready-to-buy customers. Our core marketplace, more.co.ke, provides verified business listings that give SMEs a trusted digital presence. Layered on top of it, we offer digital marketing and targeted promotion so businesses can reach the right buyers, not just any buyers. Through More HR, we provide AI-powered talent placement, including a specialised Kenya–GCC pipeline, so growing businesses can staff up. And through More Popote, our nationwide field-agent affiliate network, we onboard SMEs face to face in the markets where they operate, using mobile money and local trust to remove the friction that stops informal businesses from going digital. Together, these solutions take a business from invisible to discoverable, and from discoverable to profitable.

Traction

More than 15,000 businesses already use More Classifieds to reach customers across Kenya. Our field network has proven that boots-on-the-ground onboarding works in the informal economy, and our multi-service model means each business we sign up can grow with us across listings, marketing, and hiring, deepening engagement and lifetime value.

Why Now

Three trends are converging in Kenya: rapid SME digitisation, mobile-first commerce built on one of the world's most advanced mobile-money ecosystems, and the steady formalisation of the informal economy. Businesses want to be found online, consumers expect to find them there, and the infrastructure to connect them finally exists. More Classifieds is built precisely for this moment and this market.

The Team

We are led by CEO and CTO Willice Onyango, a full-stack engineering leader with an AI/ML background who has previously built platforms serving over 100,000 users and who holds a BSc in Mathematics and Computer Science from JKUAT., MSc Criminology and Security Strudies from MKU, MBA from UoP in the USA. He is supported by a leadership team with deep local expertise: a Head of HR with over eight years in international placement and CHRP certification, a Head of Sales with five-plus years driving SME adoption across Nairobi, Mombasa and upcountry markets, a More Popote Manager who has managed more than 200 field agents, and a CPA (K) CFO experienced in startup fundraising, financial modelling and investor reporting.

The Vision

More Classifieds is not just a classifieds platform. It is a business growth engine for Kenyan entrepreneurs, and a foundation for a discoverable, digital SME economy across East Africa. We invite partners and investors to join us in building a marketplace where every business, no matter its size or location, can be found and can grow.

The Ask

We are raising USD 2.5-3MIillion in a seed round to accelerate growth over the next 24months. Use of funds will be split roughly as follows: 10 % to expand the More Popote field network into 5 new counties and onboard 200,000 additional SMEs; 30% to product and engineering, including AI-driven matching, self-serve promotion tools, and mobile-money integration; 45% to sales and marketing to grow paid conversions among existing listed businesses; and 25% to working capital and team hires in finance / operations / customer success. With this capital, we project reaching 1 million businesses on the platform, 100,000 paying customers, and KES 200,000 in annual revenue by 2028, with a clear path to break-even readiness. We are seeking investors who bring not just capital but networks across Kenyan SME finance, telcos, and regional expansion, and we would welcome a conversation about how you can join us in building the growth engine for Kenya's entrepreneurs.

Feel free to contact us by email on info@more.co.ke

or Whatsap +254790042320

Looking for

  • Direct Equity Investment
  • Equal Shareholdings
  • Joint Venture
  • Majority Shareholdings
  • Open for Negotiation

Similar opportunities