Story perspectives

Paystack Fires Co-Founder Over Sexual Misconduct Claims

11/25/2025

Summary

Story summary

Paystack terminated Ezra Olubi, co-founder of Paystack, amid sexual misconduct allegations, announced November 22, 2025, before the investigation concluded.
The allegations gained traction after a social media post accusing Ezra Olubi of abusive behavior.
Ezra Olubi says he was not given a chance to respond before the dismissal, arguing the process violated internal policies.
Paystack has not issued a new statement since the announcement.
The investigation remains ongoing.

History

Historical Context

In 2002, PayPal faced a class-action lawsuit over alleged violations of the Electronic Funds Transfer Act, resulting in a $9.25 million settlement in 2004 that mandated changes to its business practices. This case underscored the need for corporate accountability, a theme echoed in the recent termination of Paystack co-founder Ezra Olubi amid misconduct claims, highlighting ongoing challenges in tech workplace behavior.

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Story summary

Paystack terminated Ezra Olubi, co-founder of Paystack, amid sexual misconduct allegations, announced November 22, 2025, before the investigation concluded.
The allegations gained traction after a social media post accusing Ezra Olubi of abusive behavior.
Ezra Olubi says he was not given a chance to respond before the dismissal, arguing the process violated internal policies.
Paystack has not issued a new statement since the announcement.
The investigation remains ongoing.

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