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

Strategic investment strengthens X Star's Australian market presence and supports the development of automotive AI technology. AI WINGMAN was showcased at AIMCONNECT 2026, held in Singapore on 11 October.

SINGAPORE, Nov. 12, 2026 /PRNewswire/ -- Singapore-headquartered automotive finance technology company X Star Technology ("X Star") has made a strategic investment of close to A$10 million in AutoSwift, the Australian developer of automotive AI platform AI WINGMAN by AutoSwift ("AI WINGMAN").

The investment strengthens X Star's presence in Australia's automotive technology sector and will support AutoSwift to accelerate AI WINGMAN's development and growth.

X Star serves more than 2,000 automotive dealers, manufacturers and financial institutions across Asia Pacific, Latin America and the Middle East, delivering AI-powered solutions across automotive finance and intelligent marketing.

A strategic investment in purpose-built automotive AI

Shawn Yang, CEO of X Star Technology, said the investment reflects the company's focus on AI technology designed for automotive customer engagement.

"AI is reshaping how dealers, manufacturers and financiers engage with customers across the entire vehicle ownership lifecycle. Dealerships that turn their data into timely, relevant customer engagement will be best placed to compete.

"AI WINGMAN is a purpose-built platform from a team that understands both dealership operations and automotive finance. It is already used by franchised dealers of leading brands in Australia, and we see strong potential for it to grow across the region.

"This investment reflects our confidence in AutoSwift's team and technology. We look forward to working together to bring the next generation of automotive AI to more dealers and their customers."

From AIMCONNECT 2026 to strategic partnership

Organised by X Star Technology, AIMCONNECT 2026 brought together more than 250 industry leaders from 11 countries, including representatives from over 100 automotive organisations, more than 60 financial institutions and approximately 20 technology companies. AI WINGMAN was showcased at the event, following its appearance at the AADA (Australian Automotive Dealer Association) Convention & Expo in Sydney in July.

An agentic customer engagement platform, AI WINGMAN works alongside dealer sales and service teams across web chat, SMS, WhatsApp and telephone, turning untapped dealership data into actionable insights.

It is used by franchised dealers of leading automotive brands including BYD, Zeekr, Land Rover and Kia.

Mr Lei Shen, Director of AI WINGMAN, said: "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."

ENDS

Note to editors:

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

About X Star Technology

X Star Technology is a Singapore-headquartered AI innovator specialising in automotive finance. 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.

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.

About AutoSwift

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

SOURCE X Star Technology