Paystack has fired its co-founder and Chief Technology Officer, Ezra Olubi, after allegations of sexual misconduct resurfaced online. The company suspended him earlier in November while announcing what it called an independent investigation. However, Olubi now says Paystack terminated his employment before the process even began, and without giving him a chance to respond.
In a statement published on November 22 and a follow-up blog post a day later, he said the decision violated the company’s internal policies. He explained that he received no meeting, hearing, or opportunity to address the issues raised. He also said the posts circulating online do not reflect his behavior, though he did not respond to the specific tweets that resurfaced, including comments from a decade ago. His legal team is now reviewing the process to determine what steps to take next.
The allegations gained attention in mid-November after an online post accused Olubi of inappropriate conduct involving a junior employee. Social media users then dug up old tweets they argued supported the claims. Paystack confirmed only that it suspended him at the time and planned to appoint an independent reviewer, but the company has not issued any new statement since the termination. It also remains unclear how far the investigation progressed before his exit.
The case has drawn significant public interest because Paystack is one of Africa’s most respected tech companies and a major player in the continent’s digital payments market. As a result, many observers believe the dispute could influence how African tech firms handle allegations, internal governance, and leadership accountability in the future.
