BREAKING: Paystack Suspends Ezra Olubi
Paystack, a Nigerian fintech company owned by Stripe, has suspended its Co-founder and CTO, Ezra Olubi, amid allegations of sexual misconduct. The suspension follows accusations made by a subordinate and resurfaced decade-old tweets containing sexually suggestive and inappropriate comments. Paystack has initiated a formal internal investigation and stated it takes such allegations seriously. The controversial tweets, allegedly posted by Olubi between 2009 and 2013, included explicit sexual remarks, some referencing coworkers and minors. Olubi co-founded Paystack in 2015, which was later acquired by Stripe in 2020 for over $200 million. Paystack will refrain from further comment until the investigation concludes.
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Verified on Nov 14, 2025