John Battelle, founder of Newco, talks with SoFi’s Mike Cagney about the firm and its business growth; Cagney talks about the firm’s customer commitment and the support customers receive over traditional banks; also reports on the verticals it has expanded to since starting the business with student loans; additionally Cagney provides some metrics on the business including that the company has $1 billion in equity on its balance sheet, $6 billion of lending capacity, $9.5 billion in loans for 2017 and estimates $18 to $20 billion in loan originations for 2018. Source
