Home Naija Gist Paystack suspends co-founder, Ezra Olubi over allegations of se.xual misconduct

Paystack suspends co-founder, Ezra Olubi over allegations of se.xual misconduct

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Paystack suspends co-founder, Ezra Olubi

Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, following allegations of se.xual misconduct involving a subordinate

The Stripe-owned fintech confirmed that a formal investigation has been launched into the claims.

Paystack suspends co-founder, Ezra Olubi
Paystack suspends co-founder, Ezra Olubi

“Paystack is aware of the allegations involving our Co-founder, Ezra Olubi,” the company said. “We take matters of this nature extremely seriously. Effective immediately, Ezra has been suspended from all duties and responsibilities pending the outcome of a formal investigation.”

The company added that no further details would be provided until the inquiry is concluded, emphasizing the need to respect all parties involved and ensure the integrity of the process.

The controversy started on social media on Wednesday, after someone who once had a relationship with Olubi published personal complaints online.

The post prompted renewed attention to disturbing tweets Olubi posted between 2009 and 2013, many of which contained se.xually suggestive content involving colleagues and minors.

The resurfacing of the tweets reignited public debate over accountability, personal conduct, and the long-lasting impact of social media activity. Olubi has since deactivated his X account.

Some of the resurfaced tweets drew widespread criticism, with one reading: “I judge my female friends by the sound of their pee make. Thanks to the audio in my bathroom,” while another stated: “Save water. Take a bath with your neighbour’s daughter.”

One of the tweets, posted on May 23, 2011, read: “Monday will be more fun with an ‘a’ in it. Touch a coworker today. Inappropriately.”

Paystack, founded in 2015 by Ezra Olubi and Shola Akinlade, is a leading Nigerian fintech company providing online and offline payment infrastructure to businesses across Africa.

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