Nigerian fintech Paystack fires co-founder Ezra Olubi over sexual misconduct

Paystack fires co-founder Olubi over alleged sexual misconduct

Nigerian fintech company Paystack has parted ways with its co-founder and chief technology officer, Ezra Olubi, amid allegations of sexual misconduct. The decision was announced by Olubi himself on his personal blog, stating that his employment was terminated on November 22, 2025. According to Olubi, the termination occurred before the company concluded its independent investigation into the matter.

Olubi’s departure from the company he co-founded follows his suspension earlier in November 2025, after allegations of sexual misconduct against a colleague surfaced. The controversy surrounding Olubi began when a social media post alleging abusive behavior went viral, prompting users to resurface a series of explicit tweets from his past.

Paystack’s investigation into the allegations was still ongoing at the time of Olubi’s termination. Olubi’s legal team is currently reviewing the process that led to his termination, including its consistency with the company’s internal policies. They will take the necessary steps and Olubi will not be commenting further on the matter at this time.

The allegations against Olubi sparked a wave of reaction on social media, with many users expressing concern and outrage over the behavior of individuals in positions of power. The incident highlights the importance of addressing and preventing sexual misconduct in the workplace, particularly in the tech industry where such cases have been on the rise.

As the situation unfolds, Paystack’s handling of the allegations and its commitment to creating a safe work environment will be closely watched. The company’s decision to terminate Olubi’s employment, despite the investigation being ongoing, demonstrates its zero-tolerance stance on sexual misconduct. The outcome of Olubi’s legal team’s review and any subsequent actions will be crucial in determining the next steps in this case.

Tags: ,

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top