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Allowance lets AI agents make purchases on a user’s behalf without ever exposing your real card number. Users approve purchases directly from their iPhone with customizable controls like spending limits, merchant restrictions, and expiration windows.
Allowance is a Y Combinator company in the Spring 2026 batch. Its directory entry describes it as: The spend control layer for AI agents. The founder listed is Dasmer Singh (Founder/CEO) (Y Combinator directory entry, May 18, 2026).
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New accelerator entry · 2026-05-18 · the record
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Allowance lets AI agents make purchases on a user’s behalf without ever exposing your real card number. Users approve purchases directly from their iPhone with customizable controls like spending limits, merchant restrictions, and expiration windows. Once approved, Allowance generates scoped, one-time payment credentials designed specifically for that transaction. This enables AI agents to safely complete tasks like shopping, ordering food, booking reservations, or purchasing tickets while keeping humans in control of every payment.
Read from the page's own HTML and response headers on 10 September 2026, at https://useallowance.com/. Each badge matched a string the site serves about itself — hover one to see which. Nothing here is a traffic, ranking or revenue figure: those cannot be read off a page and are not claimed.
Checked away from the directory entry. What is below does not come from the company's Y Combinator page.
Allowance is an AI payments company backed by Y Combinator. Founded by Dasmer Singh, Allowance gives AI agents safe, limited spending power without sharing your credit card.
The title and description the site itself served, answering 200. Not a cached copy and not the company's directory entry — what was live when we asked.
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.
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