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Allowance

YC X26

San Francisco, US · Founded 2026 · 1 employees · 5 known investors

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Allowance provides AI agents with controlled, limited spending power through temporary payment credentials rather than direct access to real credit cards. The company enables AI agents to complete transactions like travel bookings and purchases while giving users fine-grained control over merchant, spending limits, and transaction expiry.

AI & Machine LearningFintechSaaSUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (X26)

Allowance was founded in 2026 by Dasmer Singh.

DS
Dasmer SinghFounder & CEODasmer Singh previously led product for Cash App Families, a financial platform for families with teen accounts. He has held roles at Uber, Petal, and Venmo, and holds degrees from Columbia University and Stanford Graduate School of Business.
DS
Dasmer Singh to makeFounder

Investors · 5

Andreessen HorowitzreportedMenlo Park · $500K – $50M

How we know: Y Combinator's founder network · Not right? Tell us

Clocktower VenturesreportedSanta Monica · $100K – $20M

How we know: Y Combinator's founder network · Not right? Tell us

Neer Venture Partnersreported$100K – $500K

How we know: Y Combinator's founder network · Not right? Tell us

The Fintech FundreportedNew York · $150K – $200K

How we know: Y Combinator's founder network · Not right? Tell us

Related companies · 1

Visa® Spend Clarity for EnterpriseVisa operates a global payments network enabling digital and card-based transactions for consumers and businesses across multiple sectors and geographies.

Companies working in the same space as Allowance.

Legal entities · 1

corporate structure
Allowance Inc.

In the news

Allowance: Virtual cards for AI agentsycombinator.com · May 2026

Frequently asked questions

What does Allowance do?
Allowance provides AI agents with controlled, limited spending power through temporary payment credentials rather than direct access to real credit cards. The company enables AI agents to complete transactions like travel bookings and purchases while giving users fine-grained control over merchant, spending limits, and transaction expiry.
Who founded Allowance?
Allowance was founded by Dasmer Singh in 2026.
Who are Allowance's investors?
Allowance's investors include Y Combinator, Andreessen Horowitz, Clocktower Ventures, Neer Venture Partners, The Fintech Fund.
Where is Allowance headquartered?
Allowance is headquartered in San Francisco, US.