Development of electronic forms of money circulation as a basic trend of fintech

The importance of developing such electronic forms of money circulation as cashless money, electronic money, Internet banking transactions, virtual local currencies, virtual money, digital currency of the central bank is emphasized. The main stages in the development of electronic forms of money circulation have been traced. The level and prospects of development of electronic forms of money circulation in Ukraine on the basis of financial technologies (fintech) are evaluated. The important role of those types of activities of fintech companies that directly affect the development of electronic forms of money circulation is noted, namely: payments and money transfers, mobile wallets, cryptocurrencies and neobanks. It is shown that these activities provide a transition to a cashless economy, and therefore their accelerated development is the basic trend of fintech.