About Allowance
Allowance is an AI payments company backed by Y Combinator.
Allowance helps people give AI agents safe, limited spending power without handing over a real credit card number.
What Allowance does
Allowance gives AI agents a wallet with rules. You set the merchant, spending limit, and expiry. Your agent gets a temporary payment credential for that approved task, not your real card.
That means an agent can book travel, reorder essentials, get tickets, or finish checkout while the person stays in control of every purchase.
Founder
Allowance was founded by Dasmer Singh to make agentic payments safe for everyday consumers. The company is backed by Y Combinator.
Why it matters
AI assistants are already useful for finding flights, comparing products, and planning errands. The moment money changes hands, people still fall back to unsafe workarounds like pasting card numbers or sending screenshots. Allowance replaces that with a permission object: a specific allowance for a specific job.