Ritz Steytler is a technology entrepreneur and investor. Formerly a management consultant with IBM and Accenture, he has over 20 years experience in the transformation and growth of complex multinational businesses including Sainsbury’s, Tesco, Marks and Spencer, Shell, Virgin Media, Cable & Wireless, and Legal and General.
In May 2011, he led the acquisition of omni-channel payment processor PXP (formerly Servebase) by Abacus Partners, a privately held buyout firm that he founded in 2008. Following this investment, he served as CEO and Board Director of PXP up to its acquisition by Kalixa in May 2014, and subsequently as COO and Board Director of Kalixa until October 2015. Ritz holds a Bachelor of Commerce degree in Computer Science from Stellenbosch University and an MBA with Distinction from London Business School.