Fintech company, Paystack, co-founded by Ezra Olubi, has suspended its Chief Technology Officer and initiated a formal internal investigation after serious sexual misconduct allegations surfaced.
In a statement released by the company, Paystack said it “takes matters of this nature extremely seriously,” and confirmed that Olubi has been relieved of all duties and responsibilities pending the outcome of the investigation.
The allegations came to light on social media beginning November 12, 2025, with users calling attention to a series of archived tweets attributed to Olubi.
These posts, dating from 2009 to 2013, reportedly include highly sexualized content. Among the most disturbing claims are references to inappropriate behavior toward co-workers, minors, bestiality, and even sexualized anime characters. One of the widely circulated tweets from May 23, 2011, reads: “Monday will be more fun with an ‘a’ in it. Touch a coworker today. Inappropriately.”
Paystack has stated that it is conducting the investigation under a “fair, transparent, and structured” process, consistent with its internal policies. The company emphasized that further comments will be withheld until the inquiry is complete, “out of respect for the individuals involved and to protect the integrity of the process.”
Ezra Olubi has not made any public statement in response to the allegations. According to reports, he deactivated his X (formerly Twitter) account on November 13, 2025.
The controversy has reignited much broader discussions in Nigeria’s tech space around leadership accountability, workplace ethics, and corporate governance.
As Paystack is now part of Stripe — after a major acquisition — the outcome of the investigation could have significant implications not only for the company internally but also for how misconduct cases are handled in fast-growing African technology firms.
