June 21, 2024
A Biography of Ezra Olubi

Ezra Olubi, the co-founder and Chief Technical Officer (CTO) of PayStack, is known as one of the pioneers of the online payment system in Nigeria. He’s a major player in Nigeria’s tech space who recently received a national award. 

Ezra Olubi also has a unique fashion sense that has earned him diverse audiences on various social media platforms and caused controversy. Indeed, the computer science graduate from Babcock University has come a long way. 

Life of “Ezra Olubi ” At a Glance:

Ezra Olubi

Full Name: Ezra Olubi 

Date of Birth: 12 November 1986

Award: OON award (Order Of The Niger)

Nationality: Nigerian

Place of Birth: Ibadan, Oyo state

Fields of Expertise: IT Expert, Software Engineer, Mobile App Developer, and Entrepreneur

Education: Babcock University

Ethnicity: Yoruba

Contributions: Co-founder of Paystack

Net Worth: estimated to be $100,000,000.

Birth, Education, and Early Life of “ Ezra Olubi ” :

The renowned techpreneur was born and bred in Ibadan, Oyo state. Despite being the co-founder of one of the payment platforms in Nigeria, Olubi grew up like every average child with dreams. One such experience that changed his life was when he discovered programming.

He grew up in the Southwestern part of Nigeria. At some period, the Yoruba-speaking prodigy exuded a noticeable level of brilliance and was known by many in his neighborhood.

He went ahead to become one of the leading entrepreneurs in the IT sector alongside his close friend, Shola Akinlade.

Olubi graduated from Babcock University in 2006 with a degree in Computer science education. In 2016, he and Shola Akinlade co-founded an Electronic funds transfer system known as PayStack that became the first Nigerian company to be accepted into the tech accelerator Y Combinator program, with a funding of $120,000. Paystack was later acquired by Stripe (company), a technology-based Company for $200 million in 2020.

Olubi’s unique fashion sense has begged the question of his sexuality. Though controversial, the tech entrepreneur is said to be straight and heterosexual. 


Before having any work experience, Ezra Olubi served as an IT Administrator for Business Management Consultants Limited. 

Here he supported a custom-built sales performance reconciliation and rewards software. He also performed some general IT services. This was in 2006, the same year he graduated from Babcock University. 

Between November 2006 to April 2007, Ezra Olubi worked for North Ocean Logistics. For 6 months, he worked as a Web Applications Developer and helped the company to create the now-defunct cars-ng.com.

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Between May 2007 to Aug 2010, Ezra Olubi worked for Softcom as a website and applications developer. He also led and supervised a team of five developers.

He helped the company to create reloadng.com, softpurse.com, and many other digital products.

Later in July 2008, he was promoted/appointed as the Head Developer of Softcom. This went on for the next 2 years and 2 months, until August 2010.

Between September 2010 to July 2012, Ezra Olubi was working for Softcom Imagio. He was the Head of the product development team in the company.

He created Eyowo.com for the company. Eyowo is a unified payment system that aims to reduce the barrier of entry for prospective eCommerce players in Nigeria and also the rest of Africa.

Between December 2012 to June 2013, Ezra Olubi was the Chief Technology Officer at Jobberman. He was the one who undertook scaling operations for Jobberman in relocating from their initial server stack to a cloud-based architecture.

 It was as a result of this operation that Jobberman was able to process tens of millions of transactions daily.

Ezra Olubi also ensured that Jobberman was readily available and reachable. He ensured an uptime of 99.9% for their applications. 

He also directed the rewriting of problematic sections of the code base that had been written before Jobberman became a large website with lots of monthly visits.

From March 2014 to September 2015, Ezra Olubi was employed as the Chief Technology Officer of Delivery Science Inc. He oversaw the technology and innovation activities in this company. 

He also directed the team responsible for the development and management of all website and mobile applications.

Since May 2012, Ezra Olubi has been working as the Director of Magic at Alexander Haring Ltd. He offers technical advice to companies. He also directs the development team responsible for in-house projects.

In October 2015, he co-founded Paystack together with Shola Akinlade, the man behind the idea. Shola was one of his coursemates at Babcock University. 

Then, he was working on a payment project, a project that later became what people know as Paystack.

Having known Ezra Olubi all along, knowing his intelligence and working experience, Shola Akinlade requested his help.

Before this, Ezra Olubi worked for a payment company, while he also received the “Programmer Of The Year” award two times at Babcock University. 

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This led Shola Akinlade to believe that Ezra was the right man for the job. And alas, he was right!

The two computer science graduates and software engineers co-founded Paystack and gathered funding from several companies and individual investors. 

The biggest event happened in October 2020, when Stripe acquired Paystack for over $200 million.

Ezra Olubi currently works for two companies in Nigeria. He will also probably be handling some undisclosed projects at the moment.

He is presently a Director of Magic at Alexander Haring Limited and also the co-founder and Chief Technology Officer of Paystack.

Founding Paystack

Paystack Founders

After bagging a Computer Science degree from Babcock University in 2006, Olubi developed himself as a programmer. Gradually, he built his career at North Ocean Logistics & Solutions Limited and went to work with Softcom Imagio Limited Nigeria and later Jobberman Nigeria.

The exposure led to the creation of products such as reloadng.com and softpurse.com at Softcom. There, he also created Eyowo.com, which eventually served as the background for PayStack.

Awards & Achievements

As a student, Ezra Olubi won two consecutive awards as the Programmer of the Year at Babcock University.

On the 11th of October 2022, Shola Akinlade was conferred with a Nigerian national award. He was made an Officer of the Order of the Niger (OON) by President Muhammadu Buhari.

He became the social media talking point after the event show, with a video of the president staring at him trending on Twitter and other social media platforms.

Ezra Olubi Net Worth

Ezra Olubi, a Nigerian entrepreneur and IT expert, has an estimated net worth of $100,000,000. He is the co-founder of Paystack, a leading online payment platform in Nigeria, which was acquired by Stripe for $200 million in 2020.

Olubi graduated with a degree in Computer Science from Babcock University in 2006 and has worked as the Chief Technology Officer (CTO) of Jobberman and Delivery Science. He is also known for his unique dressing style, which has garnered attention and sparked conversations.

Ezra Olubi Tesla

Ezra Olubi Tesla

Ezra Olubi, one of the brains behind Paystack, just added a touch of personal flair to his Tesla. Twelve years after first dreaming about it, he finally slapped on a vanity plate with the numbers and letters ‘R3T4RD.’

Ezra didn’t just settle for the standard plate; he shelled out some extra bucks to make this custom choice happen. Interestingly, the combination translates to “Retard.”

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But let’s shift gears and talk about the ride itself. Ezra’s Tesla is no ordinary set of wheels; it’s a sleek, all-electric executive sedan that seamlessly marries high performance with luxury.

Inside, it’s a tech-lover’s paradise with a state-of-the-art cabin.

In a nutshell, Ezra’s Tesla isn’t just a car; it’s a statement—a blend of style, power, and a bit of personal expression on the streets.

Ezra Olubi Parents

Ezra Olubi was born to his parents on November 12, 1986, in Ibadan, Oyo State, Nigeria. There is limited information available about his parents, but it is known that he grew up in a Yoruba-speaking household in the Southwestern part of Nigeria. Ezra is an accomplished entrepreneur in the IT sector and is the co-founder of Paystack, a leading online payment platform in Nigeria.

Ezra Olubi OON

Ezra Olubi is also known for his human rights activism and LGBT advocacy. He received the OON award (Order Of The Niger) at the 2022 National Honors event, presented by Nigerian President Muhammadu Buhari.

Despite identifying as heterosexual, he is known for his androgynous fashion style, which has sparked discussions and reactions on social media.

Ezra Olubi’s achievements include being nominated and winning awards such as Young programmer of the year and Programmer of the year at Babcock University.

He has been described as “a vibrant and self-determined young man who gave his everything for programming” and “one of the best programmers in the country today” by his colleagues[2][3].

His unique fashion style, described as androgynous, has attracted attention, especially during the National Honors event where he received the OON award.

His choice of attire, including wearing lipstick and nail polish, sparked discussions and reactions, including a moment where President Buhari appeared surprised as he conferred the honor on Ezra Olubi.

Social Media

Read more on Paystack – Modern online and offline payments for Africa

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Olugbenga GB Agboola — Complete Biography, History, and Inventions

Komlan Richard Folly – Complete Biography, History, and Inventions

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