Partnered with PostFintech, Swissquotes has launched the innovative digital banking app "Yuh" to the public on 11 May 2021.

In collaboration with PostFinance, the Swiss trading platform Swissquote announced the launch of a new digital banking application, "Yuh". Both companies plan to adopt a new approach to mobile banking, as PostFinance and Swissquote just introduced the Yuh app to the public on May 11, 2021. Swissquote adds that the newest feature in the Yuh app is not available in other banking apps in Switzerland.

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Yuh App to Simplify Digital Banking

PostFinance and Swissquote have a sizable presence in the Swiss financial services industry, so this application will be a breakthrough in Switzerland. In response to this release, Markus Schwab, CEO of Yuh, added that the app will offer clients a trusted smartphone application that gives them the freedom to manage finances according to their wishes.

The two companies plan to simplify the complexities of managing finances for customers through this banking application. Yuh combines Swissquote and PostFinance's high-profile online banking technology, experience, and strong retail banking position.

Marc Burki, CEO of Swissquote, also welcomed this partnership with joy, as PostFinance able to supports Swissquote in terms of development and has many years of experience in Swiss retail banking.

The company mentioned that the background for Yuh's creation was driven by customers who were increasingly looking for smart digital solutions for their finances.