NewswireToday - /newswire/ - Helsinki, Finland, 03/01/2008 - Scred, a new community finance tool strives to keep friends happy with each other by tracking debts and shared expenses.

Friends or partners spending weekends together hiking, at cottages or abroad easily end up with a large number of shared costs. Dealing with the receipts and costs afterwards is a hassle which often ends in conflict. Finnish software company Fishpool Creations has released a new service, Scred, for recording shared expenses and debts with friends, spouses and acquaintances. Scred focuses specifically on communities with its concept of 'pools' -- large or small groups of friends who do things together. It also includes a Java-based version for mobile phones.

Scred creator, Kristoffer Lawson, says they have been using various versions of Scred internally for years. "We even used it on our trip to search for the mythical Loch Ness monster," Kristoffer explains, "We did not find any conclusive evidence of Nessie but more and more of our own friends were signing up to Scred for even mundane things so we knew we had to try to make something of it".

Armed with many similar experiences in foreign lands Scred was created from day one as a tool which would handle multiple currencies, and their conversions, and which would also work on a mobile phone, wherever the traveller is and regardless of available connectivity.

About Scred

Scred (scred.com), The Street Credit, was released to the public in 2008 after a brief public beta phase which started in 2007. It aims to make tracking debts, money and shared expenses easy and effortless, anywhere in the world.

Fishpool Creations Oy Ltd is a friendly and relaxed IT company founded in 1995. It focuses on software consultancy in the fields of scripting and network technologies.

Agency / Source: Fishpool Creations / Scred

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