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Swissquote Secures Full Ownership of Yuh After Four Years, Buying Out PostFinance’s 50% Stake
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Swissquote Secures Full Ownership of Yuh After Four Years, Buying Out PostFinance’s 50% Stake
Swissquote has acquired PostFinance’s 50% stake in Yuh, taking full control of the digital finance platform. The deal was approved by the relevant authorities and marks a shift in the joint venture launched in 2021.Yuh reported its first annual profit in 2024, with earnings of CHF 1.7 million. That year, the number of accounts rose by 48% year-on-year. The growth was attributed to the app’s streamlined features for payments, savings, and investm…
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