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 investments.
Swissquote fully acquires Yuh platform
Yuh was designed as a mobile-focused platform that combined
banking, investing, and savings features. Since its launch, the platform has
grown steadily. As of June 30, 2025, it held 342,369 accounts and CHF 3.2
billion in assets under custody. The deal values Yuh at CHF 180 million.
Swissquote partly funded the acquisition using treasury
shares. This move increased PostFinance’s ownership in Swissquote, though the
new percentage was not disclosed.
Both partners agreed on the transaction. PostFinance said
the decision fits with its goal to refocus on core areas of its business amid
changing market conditions. Yuh will continue to operate as a brand, now fully
supported by Swissquote.
“Today’s step allows us to integrate Yuh optimally into our
overall offering, and expands our support to over one million accounts,” said
Swissquote CEO Marc Bürki.
👋 We wish “Yuh” well: PostFinance has sold its participation in the joint venture Yuh to Swissquote. In future, we will focus even more strongly on our core business and customer satisfaction. Go to the press release: pic.twitter.com/af2bs2V79z
— PostFinance (@PostFinance) July 4, 2025
Swissquote Forecasts Future Growth
Swissquote said the move would help it link Yuh’s
digital-first approach with its broader services. As of the same date,
Swissquote had over 1.05 million accounts. It expects the acquisition to
support future growth and strengthen its market position.
Swissquote offers access to over three million financial
products. Its services include global equities, forex, crypto, savings, and
mortgages. At the end of 2024, it held CHF 76 billion in assets across more
than 650,000 private and institutional accounts. The company is licensed in
Switzerland and Luxembourg and has offices in London, Dubai, Singapore, and
Hong Kong.
This article was written by Tareq Sikder at www.financemagnates.com.
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