Paystack co-founder and former Chief Technology Officer, Ezra Olubi, has alleged that he was unjustly dismissed by the company amid an ongoing investigation into sexual misconduct allegations.

Olubi made the claims in a personal blog post published on Saturday, November 23, 2025, titled “Terminated,” where he said the decision to fire him was taken without giving him an opportunity to respond to the accusations.

The controversy began in mid-November when a social media post alleging abusive behaviour by Olubi went viral. The backlash triggered renewed scrutiny of several explicit tweets he published between 2009 and 2013, many containing sexually suggestive comments involving colleagues and minors. The tweets resurfaced widely, prompting public outrage and leading Olubi to deactivate his X (formerly Twitter) account.

Following the uproar, Paystack announced his suspension and stated that it had opened a formal review process, with plans to appoint an independent investigator to assess the allegations.

However, Olubi said the company terminated his contract while the investigation was still underway.

“Over the past few days, my name and reputation, built over years as co-founder and technical leader at Paystack, have been called into question because of information circulating online,” he wrote.

He stated that once the company began its review, he chose to remain publicly silent to avoid influencing the investigation.

“I expected a fair, thorough and unbiased review of the allegations being discussed online,” he said, adding that he was neither invited for a meeting nor given a chance to defend himself before his termination.

Olubi argued that the company’s actions contradicted the terms of his suspension and internal policies, and said the lack of clarity allowed “assumptions and misrepresentations to spread without challenge.”

He maintained that the resurfaced tweets did not reflect his true behaviour or professional conduct.

“Those who know me personally or professionally understand that the posts being circulated do not reflect my conduct or the way I have lived my life. I have always conducted myself in a manner that respects everyone’s dignity and safety,” he wrote.

Olubi confirmed that his legal team would “explore possible steps in response” to his dismissal.

The allegations stemmed from online accusations by someone who claimed to have had a previous relationship with him, leading to renewed scrutiny of his decade-old posts.

Paystack, founded in 2015 by Olubi and Shola Akinlade, is one of Africa’s most prominent fintech firms. It became the first Nigerian startup accepted into Y Combinator and was acquired by Stripe in 2020 in a landmark deal reportedly worth over $200 million.