Lastly
The tontine, rebuilt for mobile. Last member standing takes the pool. Now with location sharing.
W24ActiveFintechConsumerSocialThe tontine is the most elegant retirement product ever invented: everyone pays in, and the survivors split what the departed leave behind. It was banned in most of the United States around 1906 over what historians call "incentive concerns." We think the real problem was the UX.
Lastly brings the tontine to your phone. Join a pool with 20 to 500 friends, contribute monthly, and watch your share of the yield grow every time the pool gets a little more exclusive. The last member takes everything.
Because retirement is better together, Lastly is social by default: a live member map, an activity feed, health-streak badges, and a "check in on a friend" button that our data shows gets used a lot, especially at night.
Pools formed among friends retain three times better than pools of strangers. At first.
Active founders
Evander Szymanski-Cole
Co-founder & CEO
Former actuary. Says the happiest day of his career was the day he stopped having to be on the other side of the bet.
Noor Castellanos-Webb
Co-founder & CPO
Built social features for a fitness app. Is in four Lastly pools with coworkers and has started taking the stairs.