Allowance creates scoped payment credentials for AI agents, letting them make purchases on a user's behalf without exposing real card numbers. The platform generates one-time virtual cards with customizable controls including spending limits, merchant restrictions, and expiration windows. This lets AI agents safely complete tasks like shopping, ordering food, booking reservations, or buying tickets. Allowance is part of Y Combinator's Spring 2026 batch and was founded by Dasmer Singh, previously Head of Product for Cash App Families.
Allowance
ActiveScoped payment credentials for AI agents
Total raised
$500K
1 round
Stage
Seed
Jan 2026
Team
1-10
since 2026
Pricing
—
Founded
2026
San Francisco, United States
Agent-ready
—
Scoped, one-time virtual payment credentials for AI agents
Configurable per-credential spending limits
Merchant restrictions to control where an agent can transact
Expiration windows that automatically void unused credentials
Lets agents transact without exposing real card numbers
Supports agent tasks like shopping, food ordering, reservations, and ticket buying
Acts on a user's behalf with bounded purchasing authority
12/100
Early
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
No public agent surfaces detected yet.
Jan 2026 Seed $500K ● Y Combinator
Capital network
$500K raised ·1 backer·10 network links
- Backers1
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What does Allowance do?
- Allowance issues scoped, one-time virtual payment credentials that let AI agents make purchases on a user's behalf without exposing real card numbers.
- What controls can I set?
- Each credential can carry customizable controls including spending limits, merchant restrictions, and expiration windows.
- What kinds of tasks can agents complete?
- Agents can safely complete tasks such as shopping, ordering food, booking reservations, or buying tickets.
- Who founded Allowance?
- Allowance was founded by Dasmer Singh, previously Head of Product for Cash App Families, and is part of Y Combinator's Spring 2026 batch.
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