How does someone start a bank. I understand that you have to have a shit ton of money, but how does someone actually start/open a bank of their own? Can mr joe shblow, given that he is able to come up with previously mentioned “shit ton of money”, go out and open his own bank? Obviously it takes time, but what’s the process of doing so?
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Don’t start a bank. Go to a banking as a service provider, like [https://solidfi.com/](https://solidfi.com/), [https://synapsefi.com/](https://synapsefi.com/), [https://www.unit.co/](https://www.unit.co/). If you have a couple hundred thousand dollars, they’ll likely be willing to work with you, and a couple of months later you’ll be opening checking accounts and sending out debit cards with your company’s logo on it.
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