TOKYO (July 14): The days of aggressively buying Southeast Asian banks appear over for Japan’s biggest lender, which is now focusing on digital investment to reach new customers and streamline operations.

Mitsubishi UFJ Financial Group Inc is seeking to spend money on start-ups like Grab Holdings Inc rather than purchase more brick-and-mortar financial institutions, chief executive officer (CEO) Hironori Kamezawa said. “We’re always looking for such opportunities” to invest in tech firms, he said in an interview.