Paystack Suspends Co-Founder Ezra Olubi Over Sexual Misconduct Allegation
The controversy started on social media on Wednesday, after someone who once had a relationship with Olubi published personal complaints online.
The post prompted renewed attention to disturbing tweets Olubi posted between 2009 and 2013, many of which contained sexually suggestive content involving colleagues and minors.
The resurfacing of the tweets reignited public debate over accountability, personal conduct, and the long-lasting impact of social media activity. Olubi has since deactivated his X account.
Some of the resurfaced tweets drew widespread criticism, with one reading: “I judge my female friends by the sound of their pee make. Thanks to the audio in my bathroom,” while another stated: “Save water. Take a bath with your neighbour’s daughter.
One of the tweets, posted on May 23, 2011, read: “Monday will be more fun with an ‘a’ in it. Touch a coworker today. Inappropriately.
Paystack, founded in 2015 by Ezra Olubi and Shola Akinlade, is a leading Nigerian fintech company providing online and offline payment infrastructure to businesses across Africa.
The company was the first Nigerian startup accepted into the prestigious Y Combinator accelerator in 2016, and it rapidly grew to serve tens of thousands of merchants.
In 2020, Paystack was acquired by global payments giant Stripe for over US$200 million, marking one of the largest fintech exits in Nigeria.
Olubi, as co-founder and Chief Technology Officer, played a key role in building the company’s technology architecture, helping it scale across Nigeria and beyond.