Allowance YC Application

Spring 2026Active

Allowance went through Y Combinator in the Spring 2026 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Spring 2026
Industry: FintechPayments
Team size: 1
Status: Active
Launched: 2026

Founders

Dasmer SinghFounder

What Allowance does

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.

Allowance's YC application, reconstructed

Y Combinator application

Allowance, Spring 2026 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Allowance

Describe what your company does in 50 characters or less.

Scoped payment credentials for AI agents

What is your company going to make? Please describe your product and what it does or will do.

We built Allowance to let AI agents make purchases on users' behalf without exposing their real card numbers. Users approve transactions through their iPhone, setting spending limits, merchant restrictions, and expiration windows. Allowance then generates one-time scoped payment credentials for each transaction. This means AI assistants can buy things like food, tickets, and reservations safely while users control every payment.

Where do you live now, and where would the company be based after YC?

I live in San Francisco, and the company will be based here after YC as well.

Explain your decision regarding location.

San Francisco is where the fintech and AI communities intersect, which is essential for building a product like Allowance. Staying here keeps us close to partners, early users, and investors.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Allowance YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Allowance's public data (launch notes, founder backgrounds, product description). It shows how a company like Allowance would present itself to YC, not the text they submitted.