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Paystack has suspended its co-founder and chief technology officer, Ezra Olubi, owing to an online allegation of sexual misconduct. TechPolyp traced the beginning of this revelation on X social medium to Wednesday, November 12, 2025 before Paystack suspends Ezra Olubi today. The company confirmed the suspension and said a formal inquiry is underway.
It’s to be noted that the renewed attention has also pushed several old posts from Olubi back into public domain. The decade-old tweets include crude remarks about colleagues, sexual jokes, and comments involving minors.
In a statement, Paystack said it “takes matters of this nature very seriously” and maintained that Olubi has been removed from all duties while the investigation takes its full course. Paystack also added that it will not provide further details until the review is complete, citing fairness to all parties.
Olubi’s resurfaced tweets span 2009 to 2013 and contain explicit jokes about coworkers, descriptions of private moments during meetings, and unsettling references involving minors and animated characters. One tweet from May 2011 encouraged inappropriate contact with a colleague.
The posts, written years before Paystack existed, spread quickly across X after being rediscovered. Olubi has not addressed the allegation publicly and deactivated his account on Wednesday, November 13, 2025.
Before Paystack Suspends Ezra Olubi, Other Misconduct Scandals Had Rocked the Tech Ecosystem
This incident arrives at a time when the region’s tech ecosystem is already grappling with several misconduct cases involving senior leaders. Just last month, Kenya’s Employment and Labour Relations Court sanctioned Oscar Limoke, CEO of Pawa IT Solutions, over sexual harassment claims that led to the resignation of an employee.
Paystack remains one of Africa’s most influential startups. Founded in 2015, it became one of the first African companies backed by Y Combinator. It developed NFC card system to transforms airport payments, among other landmark transformations. Its 2020 sale to Stripe for $200 million remains a landmark exit on the continent. Many former employees have gone on to build companies in logistics, payments, and financial infrastructure, adding to the firm’s status and reach.
This developing story has yet again spotlighted Paystack for its prominence as an impact-driven company and particularly, how the company handles internal wranglings. In the same vein, the situation raises broader questions about leadership conduct, internal safeguards, and how companies with strong value-driven branding respond when allegations touch their highest levels.
Paystack has often highlighted transparency, care for staff, and respectful culture as core to its employer identity. The resurfaced posts, though long deleted, have prompted renewed scrutiny over how these values are upheld and what accountability looks like when a senior figure is involved.
The company says the internal process now underway follows established policies and will be “fair, structured, and guided by its commitment to a safe workplace.”
