Deals & Cases

Cembra acquires Byjuno

29 septembre 2022 – On 30 September 2022, Cembra Money Bank AG (SIX: CMBN), a leading Swiss provider of financing solutions and services, announced that it has agreed to acquire a 100% stake in Byjuno AG and its sister company, Intrum Finance Services AG, from Intrum AG for a purchase price of CHF 60 million, as a further step in expanding its embedded finance product suite and its buy now pay later business. Closing is expected for the fourth quarter of 2022.

Byjuno is a major provider in digital payments in Switzerland, offering real-time factoring for merchants and convenient payby-invoice solutions for consumers with instant credit functionalities. Byjuno was founded in 2014, employs about 45 people and has established partnerships with several leading Swiss brands.

Walder Wyss has advised Cembra on the transaction. The Walder Wyss team was led by Markus Pfenninger (Partner, Banking & Finance) and Markus Vischer (Partner, Corporate/M&A) and included Dominik Aerni (Senior Associate, Corporate/M&A), Dario Galli (Senior Associate, Corporate/M&A), and Michael Kissling (Associate, Corporate/M&A) as well as Andrea Haefeli (Counsel, Corporate/M&A), Samuel Lieberherr (Managing Associate, Corporate/M&A), Michael Kündig (Senior Associate, Corporate/M&A), Manuel Bigler (Managing Associate, Regulated Markets, Competition, Technology & IP), Stephanie Wichmann (Associate, Employment), Anne-Sophie Morand (Associate, Regulated Markets, Competition, Technology & IP), and Michael Lysakowski (Associate, Regulated Markets, Competition, Technology & IP).