Swissquote and PostFinance Collaborate to Launch Digital Banking App, Yuh

​Swissquote, Switzerland’s leading bank in online financial services, today announced that it will launch Yuh, a collaborative digital banking app, in partnership with PostFinance on 11 May 2021.

As detailed in the official press release, the two companies will present Yuh's various features and options on next Tuesday. The joint solution was developed from scratch and comprises features not yet available on any other banking app in Switzerland. 

Commenting on this move, Markus Schwab, CEO of Yuh, said: “Yuh will provide people with an app on their mobile phones that gives them the freedom to manage their money as they wish. And they’ll have partners in the background who they know and trust.”

“Customers are increasingly seeking smart digital solutions for their finances. Yuh combines Swissquote’s online banking technology and experience with our high profile and strong position in the retail banking sector,” added Hansruedi Kong, CEO of PostFinance.

As Fazzaco previously reported, Swissquote has added four new cryptocurrencies​, namely Aave (AAVE), Algorand (ALGO), Compound (COMP) and Cosmos (ATOM), in a bid to expand crypto offering.