Stripe-owned Nigerian fintech company Paystack has announced the suspension of its Co-Founder and Chief Technology Officer, Ezra Olubi, following allegations of sexual misconduct.
The suspension, which took effect on November 13, 2025, comes after accusations from a former associate, Max Obae, who detailed claims of emotional abuse and inappropriate advances. Resurfaced posts from Olubi’s X account (dating back to 2009–2013) containing sexually explicit content about colleagues and minors have further fueled public scrutiny.
- Paystack confirmed it has appointed an independent investigator to review the allegations.
- Ezra Olubi has since deactivated his X account and has not issued any public statement.
- The controversy has sparked widespread debate online, with many questioning corporate accountability and background checks in Nigeria’s tech ecosystem.
The case is still unfolding, and Paystack has urged stakeholders to await the outcome of the independent investigation.
