AutoSwift secures close to A$10 million from Singapore's X Star Technology to scale AI WINGMAN

International backing supports Australian-developed automotive AI innovation and regional growth ambitions following Sydney and Singapore showcases

SYDNEY, Nov. 10, 2026 /PRNewswire/ -- AutoSwift, the Australian developer of automotive artificial intelligence platform AI WINGMAN by AutoSwift ("AI WINGMAN"), has secured a strategic investment of close to A$10 million from Singapore-headquartered X Star Technology, marking a significant milestone in its growth and ambitions to bring next-generation AI capabilities to the Australian automotive retail industry.

The investment represents a strong vote of confidence from international investors in Australian automotive AI innovation, providing fresh capital to accelerate AI WINGMAN's development and support its growth ambitions.

As AI reshapes the automotive retail landscape, AI WINGMAN is bringing a new level of intelligence and automation to dealership operations. Designed to help dealerships engage every customer at the right moment, the Australian-developed platform combines conversational AI with intelligent lead and customer engagement to capture more opportunities, strengthen customer relationships and drive sales growth.

The announcement follows the platform's showcases at the AADA (Australian Automotive Dealer Association) Convention & Expo in Sydney in July and at AIMCONNECT 2026 in Singapore in October, highlighting growing industry interest in AI-powered dealership solutions.

Australian AI innovation attracts international strategic backing

Mr Lei Shen, Director of AI WINGMAN, said the investment reflects growing recognition of the potential of purpose-built AI solutions to transform how automotive dealerships engage with their customers across the entire ownership lifecycle.

"Artificial intelligence is transforming how businesses engage with customers, and the automotive industry is no exception. Today's dealerships face more intense competition and more complex market conditions, yet many valuable sales opportunities are still lost through neglected or delayed engagement.

"AI WINGMAN was developed to address this challenge by turning untapped dealership data into actionable insights, while allowing sales teams to focus their valuable time on building relationships and converting high-potential leads.

"X Star's strategic investment is a strong endorsement of our technology and vision. It provides a solid foundation to accelerate innovation and bring Australian-developed automotive AI solutions to a broader regional market."

From Sydney to Singapore: showcasing Australian AI innovation

X Star Technology is a Singapore-headquartered automotive finance technology company with operations spanning Asia Pacific, Latin America and the Middle East. Wholly owned by Hong Kong-listed Yixin Group (HKEX: 2858), X Star serves more than 2,000 automotive dealers, manufacturers and financial institutions worldwide.

The strategic investment brings together AI WINGMAN's Australian-developed technology and X Star's international automotive technology ecosystem, creating opportunities for further innovation and regional market development.

AI WINGMAN's growing industry engagement was highlighted at AIMCONNECT 2026, held on 11 October in Singapore. Organised by X Star Technology, the event brought together over 250 industry leaders from 11 countries, including representatives of more than 100 automotive organisations, over 60 financial institutions and around 20 technology companies.

Already being used by dealerships franchising leading automotive brands including BYD, Zeekr, Land Rover and Kia, AI WINGMAN demonstrates how Australian-developed AI technology can be applied to real-world challenges in automotive retail.

Transforming customer engagement through purpose-built AI

Operating as an always-on AI assistant, AI WINGMAN helps dealerships manage customer enquiries across web chat, SMS, WhatsApp and telephone channels, providing timely responses and identifying potential sales opportunities.

Using dealerships' own customer and operational data, the platform also helps sales teams win repeat purchases from existing customers.

As a distinguished panellist at AIMCONNECT 2026, former CEO of BMW Group Financial Services for the Asia Pacific region, Mr Alan Crookes commented, "Backing from a global automotive finance technology group like X Star is a strong signal for Australian innovation. Purpose-built AI from people who understand both dealerships and automotive finance is exactly what this market needs to unlock greater efficiency, stronger customer outcomes, and sustainable growth."

With international strategic backing and growing industry engagement, AI WINGMAN is well-positioned to advance its technology and support the next phase of AI adoption in automotive retail.

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Ashley Rambukwella
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Note to editors:

Please refer to AI WINGMAN by AutoSwift in the first instance. AI WINGMAN is always in capital letters.

About AI WINGMAN by AutoSwift

AI WINGMAN by AutoSwift is an Australian-developed agentic customer engagement platform for automotive dealers. It works alongside dealer sales and servicing teams to answer and qualify enquiries, book appointments and identify sales opportunities. https://aiwingman.com.au/

About AutoSwift

AutoSwift is an Australian fintech venture that provides AI-powered solutions to enhance consumers' experience of buying and financing vehicles.

About X Star Technology

X Star Technology is a Singapore-headquartered AI innovator specialising in automotive finance technology and a subsidiary of Hong Kong-listed Yixin Group. With a presence across Asia Pacific, Latin America and the Middle East, X Star serves more than 2,000 automotive dealers, manufacturers and financial institutions. Leveraging proprietary AI models and agentic AI technology, the company delivers innovative solutions across automotive finance and intelligent marketing, driving digital transformation across the global automotive ecosystem.

SOURCE FCR FINANCIAL & CORPORATE RELATIONS PTY LIMITED / PRN ASIA