Swissquote-backed App Yuh Adds Monthly Card Limit

Yuh, a digital banking app launched by Swissquote and PostFinance, one of Switzerland's leading financial institutions, has added a monthly card limit to expand its functionalities.

According to the official press release, the new feature allows the users of the app to keep their spending at bay. Yuh users get to decide where to draw the spending line and make sure their finances dovetail their goals. They can change the limit anytime.

Users of Yuh can get their finances under control with a free Yuh Mastercard, real-time tracking, multi-currency accounts. Yuh's users can also invest in a variety of investment products, including shares and cryptos.

Let's recall that, Earlier in November 2020, Swissquote and PostFinance have extended their partnership to launch a joint digital banking app. The joint solution, formally launched in May this year, was developed from scratch and comprises features not yet available on any other banking app in Switzerland. Backed by Swissquote and PostFinance, the Yuh app got thirty thousand customers within a few months of its launch.

The digital banking app has been continuously expanding its cryptocurrency lineup to include Cardano, Polkadot, Solana, Uniswap, Algorand, Cosmos and Filecoin. Additionally, it also created its own crypto tokens, Swissqoins (SWQ), to share part of its income with all Yuhsers and give them access to the crypto world.

In November, Yuh has launched fractional trading. This new feature will allow Yuh users to invest in fractions of financial products: Shares, ETFs, Themes and Crypto starting from 25 CHF. Yuh has also added real time trading (provided market places are open) and 100+ of the most loved shares in its product universe.

This newly added feature is another important step in Yuh's efforts to expand its user base, and underscores its commitment to putting users in control of their money on the go.