How Google and Facebook Could Become Financial Services Giants
Peer-to-peer lending, crowd-funding, and other online financial services are becoming increasing relevant -- could Facebook , Google , and social media giants of the world become financial industry leaders?
Lending Club, which has already received an investment from Google, and Prosper are the two largest online platforms for peer-to-peer lending. Both companies earn fees from both borrowers and investors during the lending process. Given the size of the networks at Facebook and Google, these companies could have the large user bases needed to test financial initiatives.
In the following video, Motley Fool analysts David Hanson, Tyler Riggs, and Matt Koppenheffer debate the future of peer-to-peer lending, the risks involved with investing in these loans, and the chances social media companies enter the space.
Finding these huge upside opportunities
They said it couldn't be done. But David Gardner has proved them wrong time, and time, and time again with stock returns like 926%, 2,239%, and 4,371%. In fact, just recently one of his favorite stocks became a 100-bagger. And he's ready to do it again. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.
The article How Google and Facebook Could Become Financial Services Giants originally appeared on Fool.com.David Hanson owns shares of Facebook. Matt Koppenheffer has no position in any stocks mentioned. Tyler Riggs has no position in any stocks mentioned. The Motley Fool recommends Facebook and Google. The Motley Fool owns shares of Facebook and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.