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Praxent

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AI consulting and software engineering for banks, insurers, lenders and fintechs

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Min project
$25k+
Hourly rate
$50-$99/hr
Employees
50โ€“249
Founded
2000
HQ
Austin, TX

About Praxent

AI consulting and software engineering for banks, insurers, lenders and fintechs

Praxent is an AI consulting and software engineering firm based in Austin, Texas, that works only with financial services companies. Founded in 2000, it helps banks, credit unions, insurers, lenders, wealth managers and fintechs modernize legacy systems and build digital products, with teams in Austin, Raleigh-Durham and Latin America.

The firm reports more than 450 digital transformations delivered and a team of over 150 people. Services include AI engineering, UX and product design, managed teams, DevOps and ongoing support. Clients named on its site include Ameritas, Open Lending, Nymbus, Texas Mutual and MeriWest Credit Union, where a new account opening flow raised conversions by 33%. Praxent holds SOC 2 Type II certification and received a growth investment from Delta-v Capital in 2026.

Service lines

  • Custom Software Development30%
  • Mobile App Development30%
  • UX/UI Design30%
  • Web Design10%

Client size split

Client size split not provided

This company hasn't shared how its clients break down by company size.

Industries served

  • Banking
  • Credit Unions
  • Insurance
  • Lending
  • Wealth Management
  • Payments
  • Fintech
  • Pharmacy Benefits Management

Services by Praxent

Secondary service lines offered by Praxent.

Services not listed

This company hasn't listed the services it offers yet.

Praxent portfolio

Selected client work โ€” anonymized where required.

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Praxent locations

Headquarters

Austin, TX

United States

4330 Gaines Ranch Loop, Suite 230, Austin, TX 78735

Office

Raleigh-Durham, NC

United States

Office

Mexico

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Office

El Salvador

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Office

Colombia

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