Key Points
- Paystack removed Ezra Olubi after public claims surfaced online. The company opened a probe in response this week.
- Maki says she repaid the full loan to Ezra. She posted the payment update and praised the company’s action.
- The case renewed talks about workplace safety across tech. Observers say firms must set clearer rules for staff ties.
Paystack has fired co-founder Ezra Olubi after online claims surfaced this week. The firm suspended him while it opened a probe into those claims.

A woman known online as Maki has spoken publicly about the dispute. She said she repaid his loan and praised the company’s action. Paystack suspends co-founder Ezra Olubi was the first ValidUpdates story to note the suspension and probe.
Olubi announced the move against him on his own channels late on Friday. He said he is considering legal options and that he disputes the process.
Maki’s posts say she sent the final transfer that cleared the debt they shared. She wrote the payment completed a loan that had been partly repaid earlier.
The refund total drew attention because users had linked the loan to the public claims. Her statement framed the repayment as a gesture that supports the company’s decision.
What Paystack says
Paystack said it began a formal review when screenshots and claims spread online. The company said it would follow its internal steps and bring in independent review where needed.
The firm paused Olubi’s duties while the review ran, the statement said. Paystack did not immediately comment on whether Stripe, its parent company, would issue a view.
Public reaction was swift after archived posts and new claims circulated widely. Social users and some industry voices urged clearer rules for staff conduct.
Maki also addressed wider calls for change in the tech sector. She said stronger rules and clear steps can help protect junior staff.
Where this may lead
Lawyers for the parties may seek court action in coming days. Any legal steps could force more detail on the company’s handling and the probe.
Industry figures say the case shows how fast online claims can affect firms. They want companies to publish clearer rules and faster answers for staff.
Paystack’s move follows similar public cases that forced firms to reassess their policies. Observers said clearer rules could reduce harm and help everyone involved.
The story is still unfolding as more statements and documents may surface. ValidUpdates will update this page if new official lines appear







