Becoming a bank is usually a large and complex process that can incur substantial start-up costs.
Your proposed business model may not fit that of a banking institution, you may not need permission to accept deposits, or you may not need to become authorised by the FCA and PRA under the Financial Services and Markets Act 2000 (FSMA) as amended by the Financial Services Act 2012 for the activities you propose to carry out.
This diagram should help you to determine whether or not what you want to do actually requires you to be authorised as a bank.
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