Nigerian fintech firm Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, following public allegations of sexual misconduct involving a subordinate.

In a statement to tech media outlets, Paystack said:

“We are 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.”

The allegations gained traction after a series of old tweets from between 2009 and 2013 resurfaced on social media. The posts reportedly contain sexually explicit content, references to colleagues and minors, and remarks which many users described as inappropriate for a corporate leader.

Olubi has not made a public statement in response and has reportedly deactivated his X (formerly Twitter) account as of November 13, 2025.

Paystack, a company formerly acquired by Stripe, noted that its review process is guided by internal policies to ensure a safe and respectful workplace. The firm said it would refrain from further comment until the investigation is complete.

This incident has reignited broader discussions within Nigeria’s tech ecosystem about corporate governance, leadership conduct, and the handling of workplace misconduct.