WikiLoan (WKLI.OB) Banking On A $6 Billion Market
WikiLoan Inc., operators of a groundbreaking Web-based person-to-person borrowing and lending platform, has surprised everyone by its sudden success in one of the fastest growing segments of the financial services industry, peer-to-peer lending. The fledgling company has become the go-to place for virtually anyone looking to borrow or lend money, from $1,000 to $25,000. A world apart from the stuffy, paper-laden, and inflexible environs of the big lending institutions, WikiLoan has become a breath of fresh air in an otherwise stale industry. Using an easy-to-navigate online front-end, the company allows individual borrowers and lenders to easily work out beneficial loan…