Max Obae Commends Paystack Amid Ezra Olubi’s Dismissal, Confirms Loan Repayment

Paystack co-founder Ezra Olubi’s recent termination has sparked conversations across Africa’s tech and start-up community, and not everyone is taking sides blindly. Among those reacting is Max Obae, Olubi’s former polycule partner, who publicly praised Paystack for handling the situation with maturity.

Reacting to reports of Olubi’s dismissal over allegations of sexual misconduct, Max described the company’s decision as “a sign of a mature company, and a positive act for the start-up industry in Africa.” His comment reflects the growing sentiment that corporate accountability is crucial, especially in industries where leaders set examples for emerging talent.

Max, who was previously in a three-way relationship with Olubi and his lesbian partner—a dynamic openly shared on social media—also took the opportunity to confirm the repayment of a $55,000 loan he owed Olubi. Sharing a screenshot of a bank confirmation, he wrote: “The final transfer of $5k has now been delivered to Ezra, and with this delivery the total $55k loan has now been transferred back to him. That’s that.”

The recent developments follow weeks of online uproar after some of Olubi’s old, disturbing tweets resurfaced, leading Paystack to suspend him and launch an investigation. Olubi, however, has claimed that he was dismissed before the investigation was concluded and without an opportunity to defend himself.

This situation is a reminder of the delicate balance between public accountability and due process. While the allegations against Olubi are serious and demand scrutiny, it’s equally important for companies to ensure fair investigation procedures. Max’s response shows a level-headed approach: recognizing the company’s stance while keeping personal matters, like loan repayments, transparent and resolved.

In the fast-paced world of tech entrepreneurship, such instances underscore the importance of ethical leadership. For Africa’s burgeoning start-up scene, accountability isn’t just a corporate buzzword—it’s a foundation for sustainable growth.