Allowance

Scoped payment credentials for AI agents

Y CombinatorSpring 2026ActiveFintechPaymentsFintechGenerative AIPayments

What they do

Problem

AI agents need a safe way to make user-approved purchases without exposing real card details or losing user control over spending.

Solution

Allowance provides iPhone-based approval and generates scoped, one-time payment credentials with configurable limits, merchant restrictions, and expiration for each transaction.

Who it's for

Consumers who use AI agents to shop, order food, book reservations, or buy tickets on their behalf.

Founders

Dasmer Singh

Founder

Dasmer Singh is the founder of Allowance, a platform building programmable payment controls for AI agents. Previously he was Head of Product for Cash App Families, where he built financial products for teens and parents. Earlier he worked at Uber, Petal, and Venmo. He studied at Columbia University and Stanford Graduate School of Business.

LinkedIn · X