Dare Babalola
Paystack co-founder and former Chief Technology Officer, Ezra Olubi, says he has been fired by the company over allegations of sexual misconduct.
Olubi also said he was fired unfairly and vowed to challenge Paystack’s decision.
The development was revealed by Olubi himself in his blog post published on Sunday.
He wrote, “On Saturday, 22 November 2025, I was informed that my employment had been terminated.”
He asserted his dismissal contravened Paystack’s termination policies, given he was not allowed to defend himself.
“This decision was taken before the supposed investigation was concluded, and without any meeting, hearing, or opportunity for me to respond to the issues raised, in clear contravention of the terms of the suspension and Paystack’s own internal policies.”
The controversy began in mid-November after a social media post accusing Olubi of abusive behaviour went viral.
The backlash prompted online users to dig up explicit tweets he posted between 2009 and 2013, sparking widespread criticism.
In response, Paystack immediately suspended him from his role as chief technical officer and launched an investigation to determine his culpability.
The 39-year-old said he chose to keep silent about the myriad of accusations against him to avoid “interfering” with Paystack’s “independent” enquiry, but that decision was now haunting him.
He said his silence instead “created a vacuum that allowed assumptions and misrepresentations to spread without challenge” and was exploited to pave the way for his dismissal.
Olubi insisted that the resurfaced tweets do not reflect his 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.
Mr Olubi said, “As co-founder, technical leader and long-serving board member, I have been part of instituting the systems and processes that underpin Paystack’s internal operations. I engaged with this investigation in good faith and cooperated fully with the board’s directives on that basis.”
He said his team of lawyers was examining his termination to determine if it aligned with Paystack’s existing policies.
“My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies,” said the sacked Paystack co-founder. “They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time.”
