Protean Payment Names Co-founder, CTO


ANN ARBOR — Protean Payment, an Ann Arbor-based mobile payment startup, announced today the addition of Henry Balanon as its co-founder and chief technology officer.

As a co-founder and CTO of the startup, Balanon is responsible for overall development and implementation of the payment application and cloud based software.

“A true visionary and innovator in the startup industry, we are excited to have Henry join our team,” CEO Thiago Olson said. “His expertise and unparalleled dedication to delivering next-generation technology will be critical as we look to grow our company both locally and nationally.”

Prior to joining Protean, Balanon co-founded Detroit Labs in 2011. During his time with Detroit Labs, Balanon served as the director of mobile app development, where he and his team designed and developed iPhone and iPad apps for leading brands such as Chevy and Dominos. He also founded the mobile app development company, Bickbot, Inc.

“I’m pleased to be stepping away feeling 100 percent confident in the future of Detroit Labs and the team we’ve grown,” Balanon said. “It was a touch decision, but I look forward to working alongside the team to grow Protean’s brand and provide consumers with the latest in credit card technology.”

 Balanon graduated with a Bachelor of Science degree from Michigan State University.

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