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.

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.