Nigerian fintech company Paystack has terminated the employment of Ezra Olubi. He was their Co-founder and Chief Technology Officer. This action follows online allegations. The claims involved inappropriate sexual relations with a junior employee.
Olubi announced his termination in a blog post on November 23, 2025. He stated the company acted prior to finishing its investigation.
Online Debate Sparked by Allegations
The issue emerged in mid-November. A social media post went viral. It accused Olubi of abusive behavior.
The post urged users. They were asked to reshare explicit tweets. These tweets were from his past.
Paystack confirmed Olubi’s suspension. A formal review was underway.
An internal process had been initiated. An independent investigator would be appointed, the company stated.
Olubi Disputes Termination, Considers Legal Action
Olubi’s blog post asserted his lack of input. He received no meeting invitation. He also had no chance to respond before dismissal.
He claimed the dismissal violated his suspension terms. It also went against Paystack’s internal policies.
He wrote: “My legal team is now reviewing the process. It led to my purported termination. We are checking its consistency with internal policies. They will take appropriate steps. I will not comment further at this time.”
Past Tweets Reemerge, Increasing Scrutiny
Paystack, acquired by Stripe in 2020, faces intense public scrutiny. Screenshots of Olubi’s old posts circulated online. These dated from 2009 to 2013.
The posts included sexually explicit jokes. Many found these comments inappropriate. Some labeled them predatory.
This situation fuels calls for greater accountability. Africa’s tech industry is rapidly growing. Recent misconduct cases prompt firms to re-evaluate workplace culture. They must also rethink governance.
Company Response Pending
Paystack has not released a new statement. This follows Olubi’s claims.
Stripe, the parent company, might comment or intervene. This remains uncertain as the situation unfolds.
Olubi’s legal actions could lead to new disclosures. Potential court action may clarify events. It could also shed light on company decisions.
Techpoint Africa sought comment from Paystack. No response was received by reporting time.
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