Nigeria: Paystack Fires Ezra Olubi Over Serial Misconduct Allegations

Nigeria: Paystack Fires Ezra Olubi Over Serial Misconduct Allegations

Paystack terminated the contract of Mr Olubi just days after placing him on suspension over alleged sexual misconduct allegations, which trended on social media, particularly X, formerly known as Twitter.

Paystack Fires Co-founder Ezra Olubi Amid Ongoing Sexual Misconduct Controversy

Paystack has terminated the employment of its Co-founder and Chief Technology Officer, Ezra Olubi, following public allegations that he had sexual relations with a junior employee. The decision, which Olubi says came before the company’s independent investigation was concluded, marks a sharp escalation in a controversy that has dominated the Nigerian tech space in recent weeks. As we earlier reported, the issue first gained traction in mid-Novem…

What Ezra Olubi’s Exit from Paystack Tells Us About African Fintech

The African fintech scene has been rocked by the sudden and high-profile departure of Ezra Olubi, co-founder and Chief Technology Officer of Paystack.  Olubi, who helped build the payments startup into a major player acquired by Stripe for $200 million in 2020, leaves behind a wave of questions about corporate governance, accountability, and the evolving … The post What Ezra Olubi’s Exit from Paystack Tells Us About African Fintech appeared firs…

Why Co-Founder Ezra Olubi Was Fired

Paystack has shed more light on its decision to terminate the employment of its co-founder and former Chief Technology Officer, Ezra Olubi, saying a set of resurfaced tweets caused “significant negative reputational damage” to the company. In a statement, the Stripe-owned fintech clarified that Olubi’s exit was carried out strictly under contractual provisions and “followed […] The post Why Co-Founder Ezra Olubi Was Fired – Paystack appeared fir…

Paystack fires CTO Ezra Olubi amid allegations of $exual misconduct and @buse against minors, and the resurfacing of disturbing tweets made by him

Nigerian fintech company Paystack has terminated the employment of its co-founder and Chief Technology Officer, Ezra Olubi, following public allegations of sexual misconduct involving a junior employee. Olubi confirmed the termination in a blog post on Sunday, November 23, 2025, stating that the decision was made before the company’s investigation had been completed. He claimed […] The post Paystack fires CTO Ezra Olubi amid allegations of $exua…

Paystack cites ‘reputational damage’ as reason for sacking cofounder Ezra Olubi

Paystack says it terminated the employment of Ezra Olubi, its cofounder, due to “significant negative reputational damage” linked to resurfaced tweets.   According to a TechCabal report, the fintech company said the action was taken independently of the ongoing investigation into allegations of workplace misconduct.     In a statement to the publication, Paystack explained that it acted within its contractual rights and “followed due process,” a…