Stripe-owned Nigerian fintech giant Paystack has suspended its Co-founder and Chief Technology Officer, Ezra Olubi, following allegations of sexual misconduct involving a subordinate. Naija News reports that the allegation, which surfaced on social media earlier this week, intensified after a Nigerian tech publication published a compilation of Olubi’s decade-old tweets containing sexually suggestive and inappropriate […]

The controversy started on Wednesday after someone who once had a relationship with him published personal complaints online.

Free Reads Ezra Olubi, Paystack Co-Founder, Falls Under The Weight Of Disturbing Allegations By Henry Nzekwe  |  November 14, 2025 Ezra Olubi, the co-founder and chief technology officer (CTO) of Paystack, has been suspended by the company after social media posts and new allegations of sexual misconduct forced a reckoning for one of Africa’s best-known fintech figures. Paystack confirmed the suspension to WT and said it has opened a formal investigation. The story began this week when Amaka “Max” Mbaegbu, a US-based Nigerian finance professional with whom Olubi had been engaged in a short-lived throuple relationship that the trio were quite vocal and public about, shared worrying details across a series of written posts and audio accounts on X, alleging that Olubi had engaged in inappropriate conduct with a subordinate and describing patterns of manipulation, disturbing behaviour and verbal abuse. The posts also prompted users to resurface a cache of decade-old messages linked to Olubi’s X account, many of which…

One of Nigeria's biggest payment companies, Paystack, has announced the suspension of one its co-founders, Ezra Olubi, over allegations of sexual misconduct.