Say yes to security. Tower Capital Asia, a mid-market private equity firm based in Singapore, has announced a strategic majority investment in V-Key. 

• The financial details of the deal were not disclosed. 

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🔐 About V-Key

Founded in 2011, V-Key offers digital identity, authentication, and mobile application security for banks, fintechs, and enterprises across APAC. 

• V-Key has patented products such as V-OS Virtual Secure Element and V-OS App Identity, which deliver hardware-grade security in software.
• Their tech protects over 300 applications for customers across 15 countries.  

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📳 Why now? 

There’s growing demand for secure, mobile-first digital services amid rising mobile-first attacks. 

Mobile-targeted phishing accounted for about one-third of all attacks identified by zLabs in their 2025 Global Mobile Threat Report.

• The security gap. Organizations in high-risk sectors like finance underestimate the sophistication of mobile threats or over-rely on the phone’s built-in security system. 

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🔗 New partners

The partnership will focus on accelerating product innovation and strengthening V-Key’s regional presence.

• They’ll also be deepening relationships with financial institutions and digital platforms.