Ezra Olubi, co-founder and chief technology officer, has been suspended by Paystack, a Nigerian payment startup, due to claims of sexual misconduct in the workplace.
According to a report by TechCabal, the fintech company has launched a formal investigation into the matter, after the allegation trended on social media on November 12.
A check revealed that Olubi’s X account has been deleted, but social media trends showed that his tweets were posted before he co-founded Paystack.
Olubi’s tweets between 2009 and 2013 showed sexually explicit jokes about colleagues and mentions of experiencing erections during meetings.
These tweets also showed comments about wanting to photograph a coworker’s thighs and remarks that referenced minors, bestiality, and sexualized anime characters.
Reacting to the development, the firm told TechCabal that Paystack is aware of the allegations involving our co-founder, Ezra Olubi.
“We take matters of this nature extremely seriously. Effective immediately, Ezra has been suspended from all duties and responsibilities pending the outcome of a formal investigation.
“Out of respect for the individuals involved and to protect the integrity of the process, we will not be commenting further until the investigation is complete.”
Paystack said it has established a “fair, transparent, and structured” review process to conduct a thorough investigation that aligns with its internal policies.
“This process is guided by our policies, our values, and our commitment to maintaining a safe and respectful environment for all employees,” the firm added.
At the time of this report, Olubi is yet to speak publicly on the resurfaced tweets or the sexual misconduct allegations.
16 things you probably do not know about Ezra Olubi, Nigerian software engineer and co-founder of Paystack
He was born on November 12, 1986, in Ibadan, Oyo State
He grew up in a Christian family
He is a native of Ogun State
He attended Babcock University, a private Christian institution owned and operated by the Seventh Day Adventist Church
He studied computer science and graduated in 2006
He is a Nigerian software engineer, an entrepreneur, and an LGBTIQ activist
He co-founded alongside Shola Akinlade the e-payment website Paystack, with a net worth of $120,000 in 2015
The e-payment website, Paystack, was later acquired by Stripe in 2020 for $200 million
He served as Chief Technology Officer (CTO) of Paystack until his suspension in November 2025 over sexual allegations
He worked with various companies, including Delivery Science, Jobberman, and Softcom
He received the Officer of the Order of the Niger (OON) award in 2022 for his contributions to technology and finance
He is known for his unconventional style and advocacy for LGBTQ rights
He has received several awards and recognitions for his contributions to technology and entrepreneurship
He has also been criticized for past social media posts containing explicit content and inappropriate comments
His net worth is estimated to be around $100 million
He identifies as a heterosexual male who often wears lipstick and has his nails done.
Discussion about this post