Nigerian fintech company Paystack has officially terminated the employment of its Co-founder and Chief Technology Officer, Ezra Olubi, following allegations that he engaged in inappropriate sexual conduct with a junior staff member. The decision comes amid a wave of online attention, fueled by resurfaced social media posts and public debate surrounding workplace conduct within the company.
Olubi publicly disclosed his dismissal in a blog post on Saturday, November 23, 2025, stating that Paystack had acted to remove him even before completing the internal investigation that had been launched into the allegations. He expressed concern over the procedural irregularities and indicated that his legal team was reviewing the process to determine next steps, including potential legal action against the company.
Allegations Spark Social Media Outcry
The controversy began in mid-November, when a viral post accused Olubi of abusive conduct and inappropriate behavior toward a junior staff member. The post prompted social media users to dig through old tweets and posts linked to Olubi, many of which were sexually explicit in nature and dated back several years. The online attention intensified scrutiny on Paystack’s handling of workplace misconduct and its corporate culture.
Paystack responded by confirming that Olubi had been suspended while the company initiated a formal review. The firm stated that an internal process was underway and that an independent investigator would oversee the review. However, Olubi contended that he was not invited to any meetings or given the opportunity to respond before his termination, raising questions about the consistency of the company’s disciplinary procedures with its internal policies.
Olubi Challenges Termination, Signals Legal Action
In his blog post, Olubi emphasized that the termination did not align with the terms of his suspension or with Paystack’s stated procedures. He wrote: “My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies. They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time.” This statement suggests that Olubi may pursue legal avenues to challenge the dismissal, potentially bringing more details of the case to public attention.
Resurfacing of Old Tweets Adds Pressure
As the situation unfolded, screenshots of Olubi’s old posts from 2009 to 2013 circulated widely online. These posts included sexually explicit jokes and comments that many described as inappropriate, predatory, or unprofessional. The resurfacing of these posts heightened public scrutiny and increased pressure on Paystack to demonstrate accountability and transparency in handling the case. The controversy has reignited discussions on workplace culture in Africa’s tech sector, where other high-profile misconduct cases have prompted companies to rethink governance and employee protection policies.
Company Response and Parent Company Oversight
Paystack, acquired by Stripe in 2020, has not issued any new statement following Olubi’s public claims. It remains unclear whether Stripe will intervene or comment as the situation continues to unfold. Any legal challenge initiated by Olubi could lead to additional disclosures, court proceedings, or public statements clarifying the internal handling of the allegations and the decision-making process behind his dismissal.
Techpoint Africa reached out to Paystack for comment at the time of reporting but received no response. Stakeholders and industry observers continue to monitor the situation closely, as it may have broader implications for corporate governance, workplace accountability, and the reputation of one of Nigeria’s most prominent fintech firms.