The Straits Times and Statista recognises V-Key as Singapore's 3rd Fastest Growing Company

Singapore, 26 February, 2019 –

V-Key, a leading provider of internationally-acclaimed digital security solutions, was ranked 3rd place in the inaugural “Fastest Growing Companies in Singapore” conducted by The Straits Times and Statista.

The list honours companies with innovative offerings who have made remarkable progress in globalising their brand. V-Key’s breakthrough V-OS Virtual Secure Element, used by fast-growing companies and forward-looking government agencies around the world, has defined the way organizations design their digital services with strong security, without sacrificing ease of use.

V-Key’s rise is well-known in Singapore, its home base, where its technology is a key part in projects with the Singapore government and major local banks. Bolstered by the support and endorsement through the government’s Accreditation@SGD programme, V-Key’s V-OS is a mainstay in many of the widely-used mobile applications in Singapore, where it is used as an authentication and anti-malware solution.

Today, V-Key’s solutions are deployed in international markets like Saudi Arabia, Thailand, The Philippines, and Japan, where it is used in the banking and payments space.

With its globally-certified security architecture and tightly integrated solution, V-Key has enabled its clients to surpass regulatory and business requirements, allowing for faster deployment. In light of rapidly proliferating cyber threats, adoption of V-Key’s mobile security technology is set to pick up pace in the year ahead, especially in the finance and government sectors.


As a homegrown Singaporean company, V-Key is privileged to have the support from the Singapore government and its agencies in establishing its credentials and paving the way for its international expansion activities.

Our title as an SG:D accredited company by the Infocomm Media Development Authority of Singapore (IMDA) has been vital in positioning us as a qualified contender to government and large enterprise buyers. The strict evaluation criteria of the Accreditation@SGD programme provides prospective clients with the assurance of V-Key’s ability to deliver and the robust nature of its product. Enterprise Singapore has also been instrumental in our global expansion plans with its large ecosystem of key contacts and partnerships.


Read the press release and see the official ranking on The Straits Times.



“Singapore’s Fastest Growing Companies” is a maiden project by The Straits Times and is being conducted jointly with Statista, an international market research company based in Hamburg, Germany.

Statista, which was involved previously in similar corporate rankings in Britain, France, Switzerland and Germany, has provided business intelligence and research on more than 80,000 topics.

The Straits Times, the English flagship daily of the Singapore Press Holdings Limited (SPH) is the most read newspaper in Singapore with a readership of more than 1.3 million for print and digital combined.

In celebration of the spirit of innovation that enables companies to expand and grow, and in conjunction with its 173rd anniversary, this special publication is part of The Straits Times’ initiative to celebrate growth champions that have managed to grow in a fast paced and difficult business environment.



V-Key is a global leader in software-based digital security. V-Key’s pioneering mobile technology powers ultra-high-security solutions for mobile identity, authentication, authorization, and payments for major banks, payment gateways, and government agencies.
V-Key is the inventor of V-OS, the world’s first virtual secure element that uses advanced cryptographic and cybersecurity protections to comply with standards previously reserved only for expensive hardware solutions.

V-OS enables digital leaders to create powerful customer experiences that combine high security and delightful convenience. V-OS is FIPS 140-2 Validated (US NIST), is currently undergoing Common Criteria certification, and is an SG:D Accredited company under the Infocomm Media Development Authority of Singapore (IMDA). V-OS has been the subject of multiple rigorous penetration tests and has been stress tested by e-commerce players, government agencies, regulatory bodies and financial services companies.