It sounds like a pipe dream, but Twitter CEO Elon Musk is forging ahead in creating a fintech arm of the social media company.

The company has begun applying for regulatory licenses and designing software to create a payment system for the social media platform as Musk looks for new ways to save the company from financial demise.

The addition of Twitter’s peer-to-peer transactions, savings accounts, and debit cards is part of Musk’s master plan to create an “everything” app, a project Musk has long dreamed of bringing to life.

The licensing part of the process will likely wrap up by the end of the year.