07/08/2024
Veteran Banker John McNaughton Acquires Majority Stake in C Credit Financing, Aims to Revolutionize Philippine Used Car Market
John McNaughton, a seasoned banker, has acquired a 51% stake in C Credit Financing Inc., his largest personal investment. C Credit aims to make used cars affordable in the Philippines, boosting economic opportunities.
They are using a digital, AI-powered approach to reduce costs and streamline car purchases, emphasizing ESG principles.
The company’s CEO, Viktor Zhuravlev, and McNaughton bring extensive expertise in fintech and car financing.
This acquisition is set to drive C Credit's growth and enhance its market presence in the Philippine fintech landscape.
C Credit welcomes John McNaughton as major stakeholder, enhancing its position in the Philippine fintech industry with growth opportunities.
