Auto Finance News
  • Home
  • News
  • AI Tool
  • Big Wheels Data
  • Events
    • Auto Finance Summit
    • Auto Finance Summit East
    • Auto Finance Capital Summit (NEW)
    • PowerSports Finance Summit
    • Current Webinars
    • Webinar Library
    • Equipment Finance Connect
  • Podcast
  • Features
  • Powersports
  • Subscribe
No Result
View All Result
  • Login
Auto Finance News
  • Home
  • News
  • AI Tool
  • Big Wheels Data
  • Events
    • Auto Finance Summit
    • Auto Finance Summit East
    • Auto Finance Capital Summit (NEW)
    • PowerSports Finance Summit
    • Current Webinars
    • Webinar Library
    • Equipment Finance Connect
  • Podcast
  • Features
  • Powersports
  • Subscribe
  • Login
No Result
View All Result
Auto Finance News
No Result
View All Result

Home » Axis Auto receives $12.3M investment from Westlake-driven fintech

Axis Auto receives $12.3M investment from Westlake-driven fintech

The investment will fund the financier’s digital origination capabilities

Whitney McDonaldbyWhitney McDonald
October 20, 2021
in Capital & Funding
Reading Time: 2 mins read
0
The Changing Needs of Borrowers — Why Cash Is Growing in Popularity

© Can Stock Photo / mblach

Axis Auto Finance is improving its direct digital loan origination process in the Canadian market through a $12.3 million investment from NowLake Technology. NowLake Technology, the fintech parent company of Westlake Technology Holdings and Nowcom Corporation that launched in February, has agreed to purchase 30 million common shares of Axis at $0.40 per share. NowLake […]

AFN V1 (1)

Already subscribed? Log in

Tags: Axis Auto FinanceinvestmentoriginationsPremium
Previous Post

Fifth Third logs recovery on NCOs, 24% YoY growth in auto in Q3

Next Post

Ironhorse Funding COO Jon Krumdick talks powersports finance market growth

Related Posts

Cars parked along the side of the road
Capital & Funding

Auto ABS performance projected to weaken in 2026

December 3, 2025
An electric vehicle is charged at a dealership in Detroit.
Capital & Funding

EV credit elimination could contribute to higher losses in ABS deals 

December 2, 2025
Auto delinquencies rise 88 bps across securitized nonprime loans 
Capital & Funding

Auto delinquencies rise 88 bps across securitized nonprime loans 

November 26, 2025
Top of cars in black and white
Capital & Funding

S&P says Prestige’s halting of loan originations likely won’t affect ratings

November 25, 2025
Next Post
Ironhorse Funding COO Jon Krumdick talks powersports finance market growth

Ironhorse Funding COO Jon Krumdick talks powersports finance market growth

Stay Informed with Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market

The Roadmap Podcast

ABOUT US

HELP CENTER

ADVERTISE

PRIVACY TERMS

ADA COMPLIANCE

CODE OF JOURNALISM ETHICS

[wt_cli_manage_consent]

EXECUTIVES OF THE YEAR

AUTO FINANCE EXCELLENCE AWARDS

MAGAZINE ARCHIVE

INDUSTRY GLOSSARY

facebook linkedin twitter podcast podcast

© 2025 Royal Media Group

Ok

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • All News
    • Capital & Funding
    • EVs
    • Technology
    • Management
    • Powersports Finance News
    • Risk Management
    • Sales & Marketing
  • Events
    • Auto Finance Summit East
    • Equipment Finance Connect
    • Auto Finance Summit
    • PowerSports Finance Summit
  • Features
    • Latest Issue
    • Features
    • New Tracks
    • Car Culture
    • Staffing Shuffles
    • Under The Hood
    • Spotlight
    • Issue Archive
  • Podcast
  • Big Wheels Data
  • SUBSCRIBE
  • Log In / Account

© 2025 Royal Media Group