Mike Cagney gets some airtime with Jim Cramer on CNBC and talks about SoFi's latest foray into wealth management, life insurance, and mortgages. He informs the audience that they can expect more prime dollar marketing following up on this year SBowl commercials, this time for the NBA Finals.
That's why his fintech, commonly known as SoFi, is disrupting the financial services industry, a trend Cagney does not see ending anytime soon. Meet the 2017 CNBC Disruptor 50 companies "I think what's going to happen is the banks are going to move towards our model over time. And so we certainly don't have the hoovers to expect that we're going to change all of banking, but we are going to drag them into a different kind of service model and one that's a lot more aligned to the customer," he told "Mad Money" host Jim Cramer on Tuesday.