Paystack has officially suspended its co-founder and Chief Technology Officer, Ezra Olubi, following serious allegations of sexual misconduct involving a subordinate. This decisive action comes after a series of old posts on X (formerly Twitter) resurfaced, sparking widespread online criticism and public outrage.

In an official statement provided to Techpoint Africa, Paystack confirmed Olubi's suspension, emphasizing the gravity with which the company views such matters. The statement clarified that, as of Thursday evening, November 13, 2025, Ezra Olubi has been relieved of all duties and responsibilities pending the outcome of a formal investigation. Paystack's Board has initiated a review process and is in the process of appointing an independent third-party investigator to ensure the inquiry is conducted with utmost fairness, thoroughness, and confidentiality.

The controversy first ignited in mid-November 2025 when an individual named Max Obae made accusations on social media, alleging mistreatment of a former partner and employees by an unnamed tech leader. Although Olubi was not initially identified, online observers quickly linked the accusations to Paystack's CTO, prompting a deep dive into his past social media activity. Olubi subsequently deactivated his X account, but screenshots of the disturbing posts continue to circulate widely.

The resurfaced posts reportedly contain shocking and inappropriate comments, including references to sexual activity involving animals, children, and co-workers. This incident is not isolated and contributes to a growing pattern of controversy observed within Nigeria's burgeoning tech ecosystem.

Notable examples of previous controversies include Patricia, a crypto startup that, in 2023, attributed frozen customer withdrawals to a