Nigerian fintech firm Paystack has ended the employment of its Co-founder and Chief Technology Officer, Ezra Olubi, after online allegations claimed he had inappropriate sexual relations with a junior staff member.
Olubi disclosed his dismissal in a blog post on Saturday, 23 November 2025, noting that the company acted before completing its investigation.
Allegations Trigger Online Debate
The issue surfaced in mid-November when a social media post accusing Olubi of abusive conduct went viral.
This post encouraged users to recirculate several explicit tweets linked to him from earlier years.
Paystack later confirmed that Olubi had been suspended and that a formal review had begun.
The company said an internal process was in place and that an independent investigator would be appointed.
Olubi Rejects Process, Hints at Legal Steps
In his blog post, Olubi stated that he was neither invited to a meeting nor given a chance to respond before he was removed.
He argued that the dismissal appeared to go against the terms of his suspension and Paystack’s internal rules.
He wrote, “My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies. They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time.”
Old Tweets Resurface, Pressure Mounts
Paystack, which was acquired by Stripe in 2020, has been under heavy public scrutiny as screenshots of Olubi’s old posts, some from 2009 to 2013, spread online.
The posts contained sexually explicit jokes and comments that many described as inappropriate or predatory.
The situation has renewed calls for stronger accountability in Africa’s growing tech industry, where recent misconduct cases have pushed firms to rethink workplace culture and governance.
Awaiting Company Response
Paystack has not issued a new statement following Olubi’s claims.
It also remains unclear if Stripe, the parent company, will comment or intervene as the situation develops.
Any legal move by Olubi could lead to fresh disclosures or possible court action that may clarify the events and the company’s decision-making process.
Techpoint Africa contacted Paystack for comments but received no response at the time of reporting.