[immad]

The best way to do it as a startup is to be partnered with an existing bank. To get your own charter is a long and expensive process.

Partnering with a bank is relatively speaking not too bad. I spent 3 months talking to about 60 banks before picking our eventual partners.

There are quite a few now that have worked in the past with fin-tech companies and they are open to conversations. There are also fin-tech conferences like Money 20/20 that a lot of them go to.