Changing the World, One Coin at a Time

Global Coin Solutions (GCS) was established in Toronto, Canada in 2015 with charitable support at the heart of the business. Nearly a decade on, it continues to evolve and expand – focusing latterly on the recent incorporation of GCS Japan. Coin & Mint News™ spoke to founder and CEO, Scott Hutchings, about the company’s ethos and process, the challenges facing coin repatriation, and why collaboration is key to efficient and sustainable coin recirculation.

Q: Firstly, could you tell us about your background and the company’s origins.

A: Around 11 years ago I joined the industry, working for a UK-based currency exchange business that was also involved in foreign currency fundraising. I applied for the job and really got hooked into what they were doing. Following the closure of that business, I considered next steps for not just people that I worked with but also the charities we were involved with, leading me to look at starting Global Coin Solutions.