IvoCard Provider Brief
Controlled virtual cards and payment permissions for AI agents, automations, and online workflows.
Status: Early-stage product. We are looking for a licensed issuing / embedded finance partner for virtual card issuing, compliance infrastructure, KYB/KYC, settlement, and card network access.
Product summary
IvoCard is a software control layer that helps business users create controlled spending permissions for AI agents and automations. The platform focuses on spending rules, approval workflows, merchant/category restrictions, and audit logs.
What IvoCard provides
Per-agent limits, allowed categories, blocked merchants, approval thresholds, and usage constraints.
Human approval before high-risk or high-value agent purchases.
Full record of request, reason, decision, approver, rule match, and transaction event.
API endpoints for AI agents and automations to request controlled purchase permissions.
What we need from a licensed partner
- Virtual card issuing via API
- Single-use and multi-use virtual cards
- Card-level spend limits
- Merchant category, country, currency, and merchant restrictions
- Real-time authorization or remote authorization webhooks
- KYB/KYC support where required
- Settlement, compliance, chargeback, and card network infrastructure
- Sandbox access before production launch
Initial customer segment
We plan to start B2B only, focused on AI automation agencies, solo founders, SaaS teams, and businesses experimenting with agentic workflows.
Initial risk controls
- Business users only in early beta
- Manual approval required for first real-money flows
- One-time virtual cards first
- Low initial transaction limits
- High-risk merchant categories blocked
- No raw card data stored by IvoCard
- No claim that IvoCard is a bank, issuer, or regulated financial institution
Example flow
- User creates an AI agent profile.
- User sets spending rules and approval thresholds.
- Agent requests permission to buy a tool, API credit, report, dataset, or service.
- IvoCard checks the rules.
- User approves or denies the request.
- A virtual card or payment permission is created through the licensed partner.
- Transaction event is logged in IvoCard.
Important positioning
IvoCard is not a bank, not a card issuer, and not a money transmitter. IvoCard provides spending-control software. Banking, card issuing, payment processing, settlement, and regulated financial services are provided by licensed partners where available.
Contact
Founder contact: partners@ivocard.com