Our country’s Internet finance started lately, the regulation is not perfect enough, synergetic development of financial products of Internet is also unprecedented. In this case, we should find the risks and take precautions. Taking the multi-level supply of the compound product development and sales in comprehensive financial institutions as the background, this paper studies on the collaborative development of Internet banking products, draws lessons from domestic and foreign innovation mode, to provide the beneficial reference to the coordinated development of Internet financial products in our country; at the same time, it pays attention to find the problems and potential risks in the collaborative development process of Internet banking products, and puts forward the solutions and preventive measures.