After only three weeks: Yuh cracks the 10,000-customer mark
The new digital financial app by Swissquote and PostFinance exceeds all expectations
Gland, June 3, 2021 - On May 11, 2021, Swiss mobile finance history was made when Swissquote and PostFinance launched the new digital financial app Yuh, available for download within the Apple App Store and the Google Play Store. Today, the 10,000-customer mark has already been cracked.
The announced revolution has been very well received in Switzerland, as the impressive figures show after just three weeks. As of June 3, 2021, the 10,000th customer has already been welcomed. Markus Schwab, CEO of Yuh, is delighted: "We couldn't be prouder of these initial results, which far exceed our expectations. What really makes us happy, however, is that our offer obviously hits the nerve of the time and reflects the needs of our customers. Therefore, a big compliment to all colleagues and partners who made this success possible, a great team effort. This motivates and also obliges us to constantly optimize Yuh in order to inspire our customers in the long term.”
The whole financial world in one hand
The basic idea behind Yuh is that everyone is free to decide when, where, and how they want to manage their money – and to do so as straightforwardly as possible. Yuh's "3-in-1" offering includes Pay, Save and Invest, all in one app. Yuh is also breaking new ground in fees, introducing the "low-to-no-fees" principle. This means no fees wherever possible and low fees if any have to be charged – but then they are communicated transparently, simply and understandably. The "Yuhsers" should experience a simple and fun financial experience with no surprises and if any, then only positive ones. A promise that is obviously very well received.
About Yuh
Launched in spring 2021, Yuh is a Swiss financial app that offers the most comprehensive range of services on the Swiss market with its "3-in-1" principle: Pay, Save and Invest. Yuh is the result of a joint venture between PostFinance and Swissquote. Both founding partners hold a 50 percent stake and are jointly committed to the further development of Yuh. Yuh operates under the banking license of Swissquote Bank AG and is thus subject to the Swiss Financial Market Supervisory Authority (FINMA). www.yuh.com
