Comply Path chief takes CTO role with InPayTech

Founder of Comply Path's bond platform, Joe Brasacchio, will be stepping down from his chief executive role when the firm merges with data and payments processer Integrated Payment Technologies (InPayTech). He will become the chief technology officer for the merged organisation.

Brasacchio, who spent several years with PwC, including the new ventures unit where he founded Comply Pay's bond platform. Before joining PwC, he was the co-founder of Intunity, an enterprise software solutions consultancy and held consulting roles with IBM Business Consulting Services and Shell International.

The merger proposal will go to shareholders during the organisation's AGM on 21 January.

InPayTech's Don Sharp will serve as executive chair for the combined organisation.