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Nigerian fintech company Paystack has terminated the employment of its co-founder and chief technology officer, Ezra Olubi, over sexual misconduct allegations.
Olubi announced this in his personal blog at the weekend.
He claimed the decision to sack him from the company he co -]ounded, came even before the firm concluded its ‘independent investigation’.
He noted that his legal team is reviewing the process that led to the termination.
“On Saturday, 22 November 2025, I was informed that my employment had been terminated.
“My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies. They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time,” he wrote.
Paystack, the Stripe-owned Nigerian payments company, had earlier suspended Olubi, following an allegation of sexual misconduct involving a subordinate.
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