Paystack Fires Co-Founder Ezra Olubi Amid Sexual Misconduct Allegations

Paystack has terminated the appointment of its co-founder and Chief Technology Officer, Ezra Olubi, following public allegations that he engaged in sexual activity with a junior employee.

Olubi disclosed his dismissal on Saturday, stating that the company took the decision before concluding its internal investigation into sexual harassment claims made against him.

The controversy erupted in mid-November after a social media post accused Olubi of abusive behaviour. The online conversation quickly escalated as users resurfaced several explicit tweets from his early career, prompting widespread criticism.

In response, Paystack suspended Olubi and announced a formal investigation, noting that it had set up a review process and planned to appoint an independent investigator to handle the matter.

However, Olubi said he was not allowed to defend himself before his contract was terminated.

He also alleged that the termination violated the terms of his suspension as well as the company’s internal procedures.

“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,” he said.

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