Ezra paystack.webp
The Digest:

Paystack has terminated its Co-founder and CTO, Ezra Olubi, following allegations of sexual misconduct with a junior employee, a move Olubi claims violated company procedure by occurring before the completion of an internal investigation.

Key Points:
  • Olubi announced his dismissal via a blog post on November 23.
  • Paystack acted before concluding its independent investigation.
  • Olubi claims he was not given a chance to respond to the allegations.
  • His legal team is reviewing the termination for policy violations.
  • The scandal was triggered by a viral post and resurfaced explicit tweets.
  • Paystack, acquired by Stripe in 2020, has not issued a new statement.
  • The case has intensified calls for stronger governance in African tech.
This dismissal underscores a pivotal moment for Africa’s tech ecosystem, where rapid growth is increasingly colliding with demands for ethical leadership and transparent governance.

Sources: Ezra Olubi’s Blog,