Is Wanda loan formal?

Yes

According to Caiti.com, Wanda Loan is a credit loan product under Wanda Group, which has relevant business license and is formal. Wanda Small Loan has been registered in Shanghai Free Trade Zone, and its business scope is mainly loan issuance and related consulting activities. The investors are Dalian Wanda Group, Dalian Wanda Commercial and Shanghai Wanda Internet Financial Services Co., Ltd..