9 months ago, me and my co-founder @freeguy__ started Bread Africa with a simple idea: Make crypto → fiat as easy as sending a text. No KYC. No sign-ups. No friction. Just swap and go. People said it wouldn’t work. Too early. Too risky. Too unconventional. We built it anyway. People used it. They shared it. They trusted it. That was all the validation we needed. Today, that journey hits a major milestone: Bread Africa has been fully acquired by @sirmapy of @smcdao and is now evolving into @SwapwithBread. This wasn’t just an exit. It was a strategic move. One that gives us the freedom to go all in on something much bigger. Because while building Bread, we realized something: Moving money isn’t just broken. the entire financial experience is. So we started again. Quietly. Relentlessly. Obsessed. Today, I’m excited to share: @BankwithLoaf is LIVE - and we’ve already onboarded our first 1,000 users. No noise. Just execution. Same philosophy. Bigger vision. We’re building for: • Borderless payments • Stablecoin-native banking • Seamless global transactions Not just for crypto natives - but for everyone. Because the future of money won’t feel like “crypto.” It will just work. Massive thanks to @Sir_Damilare, @jessepollak of @base, @Uyoyo_O of @cngn_co @Harri_obi of @SuperteamNG and everyone who believed in Bread Africa from day one. You didn’t just support a product - you helped start something real. And we’re just getting started. If you’re building, investing, or thinking about the future of money in Africa. Let’s talk, This is still Day Zero from our end.

Dreams are valid 🫰

Happy Birthday Quin, thank you for all you do for us at @BankwithLoaf 🎉

Let it all work out 🚀

‘you must not fight too often with one enemy, or you will teach him all your art of war.’

Somtochukwu Ifezue (@somtoifezue) will be in the room on 14 May. He built @piggyvest into one of Nigeria's most trusted consumer finance products. On 14 May, he sits in the same room as the operators, still figuring that out. Spotlight by Technext, powered by @thekorahq. Lekki, Lagos. Reserve your spot: bit.ly/TNSpotlight #SpotlightByTechnext #Fintech #Nigeria

For a while now, we’ve intentionally been low-key Myself and @freeguy__. Not because nothing is happening. Not because the vision died. Not because we disappeared. But because after our exit from @SwapwithBread, we made a decision - Since we're building again, we would build differently. A lot of people see fintech or cross-border payments as just another startup category. Raise money, build an app, process transactions, push marketing, scale fast. But the deeper we looked, the more we realized that Africa - and honestly, the world at large - does not just have a “payment problem.” It has an infrastructure problem. A trust problem. A liquidity problem. A settlement problem. A compliance problem. A fragmented systems problem. And most importantly, a “people are building too quickly without understanding the real problem” problem. That realization changed everything for us. So instead of rushing to launch “another payment/cross-border solution,” we slowed down intentionally. For weeks now, we’ve been in rooms most people will never hear about. Quiet rooms. Long meetings. Hard conversations. We’ve spent time speaking with bank CEOs, financial operators, payment veterans, regulators, treasury managers, infrastructure providers, founders, institutional players, and leaders across multiple industries - both within Africa and globally. Not because we wanted validation. But because we wanted understanding. We wanted to know: Why do most financial products in Africa eventually struggle? Why do settlement systems break under scale? Why does moving money across borders still feel harder than it should in 2026? Why are businesses still battling operational nightmares behind the scenes? The more conversations we had, the more we realized something important: The future winners in fintech will not just be the companies with the loudest marketing. They will be the companies that deeply understand infrastructure, regulation, liquidity movement, and operational realities. That is the phase we are in right now with Loaf. And honestly, it reminds me a lot of how Steve Jobs approached building. You don’t just wake up and build meaningful systems. You study. You observe. You listen. You understand where the world is going before you attempt to design for it. If we must build, then let us build from an informed place. Let us build more than an app. More than a platform. More than another startup. Let us build infrastructure. Something solid. Something that can truly stand the test of time. Right now, we are currently in talks with one of the biggest financial operators in Africa, and the conversation is already reaching its boiling point. What started as simple discussions has evolved into very serious strategic conversations around infrastructure, expansion, scale, and the future of financial access. At the same time, we’ve honestly been overwhelmed - in a good way - by the number of people, institutions, founders, operators, and industry leaders reaching out to us daily. And despite how demanding this phase has become, we are still intentionally creating time to listen to everyone reaching out to us. So if you’ve wondered why we’ve been quieter on the TL lately, understand this: Our silence is not a lack of progress. It is a season of depth. A season of learning. A season dedicated to building what truly matters. We are not in a rush to impress the internet. We are focused on building something that will matter long after the noise fades.

Stay focused on making the headlines with sophisticated reckless abandon 🫰

> 300k unique onchain transactions, ~ ₦165billion in volume, just 3k wallets actively holding @cngn_co, just around ~ ₦2.7billion in size. It's been an interesting year from 0, but a very long road ahead.

5 exits under 40: Iam Etefia's secret to building 6-figure African startups - technext24.com/zbf8

We’ve upgraded your Loaf Account details. 🚨 What you need to do: 1️⃣ Log into the Loaf app. 2️⃣ Grab your new account number from the deposit screen. 3️⃣ Use this new number for all future transactions.

Big thanks to the @TechCabal team for covering important details of this acquisition. We're just getting started! Happy Easter, btw.

"What exactly does cNGN do?"

Mama we made the news again: techcabal.com/2026/04/06/smc…

Out for @PiggyVest @ 10. Inspired by what these folks are building and achieving daily. Looking forward to local crypto companies reaching these heights some day.

Let's have a conversation about growth tomorrow.

Fireside Chat 🎧 Built on @base, Bread Africa reached $1.8M in TVP in just 10 months We sit down with @BossDR7 to unpack their growth, acquisition, and pivot to @BankwithLoaf 🗓️ Friday, April 3, 2026 ⏰ 7:00 PM (GMT 1) What’s coming next? Tune in.

Welcome to Q2 Loafer🔥 Are you banking with loaf in this quarter?

This is still Day Zero...