Matica Fintec Reshapes Board and Market Support as Panini Integration Advances

The latest announcement is out from Matica Fintec SpA ( (IT:MFT) ).

Matica Fintec has announced the immediate resignation of executive director Costantino Usubelli for personal reasons and has co-opted Richard Aloysius Kane as a non-executive director to replace him. Kane, already CEO of Panini North America and a board member of Panini S.p.A., brings international management experience in a unit that is strategic for the group’s revenues and growth, and will serve until the next shareholders’ meeting.

The company has also mandated Intermonte SIM as its new specialist operator with effect from 1 April 2026, replacing Integrae SIM at the end of March. The change in specialist and the appointment of a director closely tied to a key North American business line underscore Matica Fintec’s efforts to strengthen market support and governance as it integrates Panini and pursues international expansion in the secure digital card sector.

More about Matica Fintec SpA

Matica Fintec S.p.A., listed on Euronext Growth Milan as an Innovative SME, designs, produces and markets high-tech systems for issuing secure digital cards to financial institutions and government bodies. Its solutions cover payment cards, ID documents, passports and driving licences, and the company underpins this niche with heavy R&D investment, holding nine patents and dedicating over 10% of annual revenues to innovation.

Average Trading Volume: 11,034

Technical Sentiment Signal: Buy

Current Market Cap: €63.98M

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