Case study: Pioneering cybersecurity solutions for mobile

V-KEY stands out among startups in Singapore. It's among the small, pioneer batch of companies accredited by the government's infocomm arm. It's partnered by several banks and government agencies in the region, and it's backed by Ant Financial, the payments affiliate of none other than Alibaba.

Founded in 2011, V-Key develops cybersecurity solutions for mobile applications. Asked what inspired it, the startup says it was the struggles faced by co-founder Benjamin Mah's father when he was making online transactions on his mobile device.

Mr Mah's father had to juggle between several devices, screens and codes - including fumbling with a hardware token, entering a code into an app, reading from an SMS in another app, and then reverting to the first app.