Scred

Scred, Inc. operates a mobile application designed to facilitate lending and borrowing among friends, family, and social circles. The company's mission is to make credit more accessible by allowing users to formalize personal loans, track payments, and have those on-time payments reported to a major credit bureau (Equifax) to help build their credit score. The platform digitizes and automates the process of informal lending, providing a clear record of transactions and payment history for both the lender and the borrower.