⏱ 1 min read
Background
In July 2025, Swissquote took over the 50% of Yuh previously held by PostFinance. The deal ended four years of collaboration between the two banks. At the time, the app had more than 350,000 accounts and 3.2 billion in client assets.
The key points
Nine months after Swissquote took over 100% of Yuh, its new CEO, Jan De Schepper, says he is confident about the financial app's growth potential, according to Bilan.
He defends moving the headquarters and part of the workforce from Gland to Zurich. According to him, Yuh shows it can grow without PostFinance.
Key figures
- Nearly 400,000 accounts.
- 3.7 billion in client assets.
- More than 350,000 accounts and 3.2 billion in assets in July 2025.
What it means for businesses
The app is well positioned with young users. The move of the headquarters to Zurich affects part of the staff based in Gland.
Who says what
For Jan De Schepper, Yuh "was starting to compete with Swissquote and PostFinance". He says growth has continued since the acquisition.
Further reading
Sources
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