2021 Press Releases

Westlake Launches Cash Now Pay Later - - Published on October 22, 2021

Westlake Launches Cash Now Pay Later FOR IMMEDIATE RELEASE (October 2021): Los Angeles, CA – Westlake Technology Holdings launches Cash Now Pay Later, an exciting new product that provides financial flexibility to its customers by enabling them to borrow cash today and pay it back at a later date. Cash Now Pay Later is currently ...Read More

Nowlake Technology Holdings, LLC Announces $15 M CAD Strategic Investment with Axis Auto Finance Inc. - - Published on October 21, 2021

Nowlake Technology Holdings, LLC Announces $15 M CAD Strategic Investment with Axis Auto Finance Inc. For Immediate Release: October 2021 Los Angeles, California – Nowlake Technology, LLC, the fintech parent company of Westlake Technology Holdings and Nowcom Corporation, announces a $15 million CAD strategic investment with Axis Auto Finance Inc, a fintech lender servicing the ...Read More

Westlake Financial Announces Manheim Baltimore Washington as the 2020 Auction of the Year - - Published on May 10, 2021

Westlake Financial Announces Manheim Baltimore Washington as the 2020 Auction of the Year FOR IMMEDIATE RELEASE (April 2021): Los Angeles, CA – Westlake Financial congratulates Manheim Baltimore Washington on being named its 2020 Auction of the Year. Westlake further recognizes Adesa Lexington, Rawls Auto Auction, Manheim Dallas, Dealers Auto Auction of the Southwest, and Adesa ...Read More

Nowlake Technology Partners with Informed.IQ on AI Originations Solution - - Published on April 6, 2021

Nowlake Technology Partners with Informed.IQ on AI Originations Solution FOR IMMEDIATE RELEASE (April 6, 2021): Los Angeles, CA – Nowlake Technology and Informed.IQ announce the launch of an originations automation solution that fully automates the collection, analysis, and funding of auto loan applications. Informed.IQ analyzes each auto loan application package, by first classifying all of the ...Read More

Westlake Financial Announces Rates as Low As 1.99% - - Published on March 5, 2021

Westlake Financial Announces Rates as Low As 1.99% FOR IMMEDIATE RELEASE (March 5, 2021): Los Angeles, CA –Westlake Financial announces new rates as low as 1.99% for prime customers. Previously Westlake’s lowest rate offered was 2.99%. “Lowering our rates to 1.99% solidifies our presence in the prime credit space,” stated David Goff, Vice President of ...Read More

NowLake, a New Fintech Company Formed from Westlake and Nowcom, Announces a Strategic Partnership with National Digital Dealership, Carsfast - - Published on March 3, 2021

Westlake Portfolio Management Services Over $300M In New Portfolios In 2020 and Plans to Expand into Different Markets in the New Year FOR IMMEDIATE RELEASE (March 3, 2021): Los Angeles, CA – NowLake Technology, LLC announces a strategic partnership with Carsfast to enable consumers to buy and finance vehicles through SMS chat bots. Car shoppers ...Read More

Westlake Portfolio Management Services Over $300M In New Portfolios In 2020 and Plans to Expand into Different Markets in the New Year - - Published on February 23, 2021

Westlake Portfolio Management Services Over $300M In New Portfolios In 2020 and Plans to Expand into Different Markets in the New Year FOR IMMEDIATE RELEASE (February 23, 2021): Los Angeles, CA – Westlake Portfolio Management, a subsidiary of Westlake Technology Holdings (Westlake), sees incredible growth in 2020, servicing over $300M in new portfolios. This success ...Read More

Westlake Technology Holdings and Nowcom Corporation Come Together to Form New Fintech Organization, NowLake Technology, LLC - - Published on February 16, 2021

Westlake Technology Holdings and Nowcom Corporation Come Together to Form New Fintech Organization, NowLake Technology, LLC FOR IMMEDIATE RELEASE (February 16, 2021): Los Angeles, CA – Westlake Technology Holdings and Nowcom Corporation launch fintech company, NowLake Technology, LLC.  NowLake was born from the close relationship between the two companies and created to solidify their presence ...Read More

Westlake Technology Holdings Closes 2020 With $12.14 Billion in Assets Under Management - - Published on February 10, 2021

Westlake Technology Holdings Closes 2020 With $12.14 Billion in Assets Under Management FOR IMMEDIATE RELEASE (February 10, 2021): Los Angeles, CA – Westlake Technology Holdings reports 14.7% growth over 2019 ending 2020 at $12.14 billion in total managed assets. The company directly attributes this success to the dedication of its employees. Despite the challenges of ...Read More