BREAKING NEWS: Paystack Suspends Co-Founder Ezra Olubi Over Sexual Misconduct Allegations

A leading fintech company confronts a crisis of values as historic online behavior and new workplace allegations surface against a key founder. Paystack has suspended Co-founder and CTO Ezra Olubi pending a formal investigation into sexual misconduct allegations, which also triggered the resurfacing of explicit tweets from 2009-2013 about colleagues and minors.

Key Points:

Paystack suspended Co-founder and CTO Ezra Olubi over misconduct allegations.
The company confirmed an investigation into claims involving a subordinate.
The news resurfaced explicit tweets Olubi posted between 2009 and 2013.
The old tweets contained sexual jokes about colleagues and references to minors.
Olubi deactivated his X account and has not publicly commented.
Paystack stated the investigation will be “fair, transparent, and structured.”
The case raises questions about governance and values in African tech.

As a sector leader faces a defining test of its principles, the industry watches to see how deeply corporate values run when a founder stands accused.

Sources: Tech Cabal