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Pragma

Pragma

Review
8/10
🇺🇸 United States·1000+ employees·Est. 1997·Reviewed Mar 2026

28-year nearshore software company with 1,300+ engineers in Latin America delivering digital transformation for banking, fintech, and retail.

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Best For
Financial services, banking, fintech, and retail companies seeking nearshore digital transformation with Latin American engineering teams
Hourly Rate
$50-99/hr
40% below the $125/hr median for software agencies in United States
Min. Project
$5K+
Industries
Finance, Fintech, Retail
Pragma

Clients

NequiBancolombiaPuntos ColombiaEssity

About Pragma

Pragma is a US-headquartered custom software development and digital transformation company with 28 years of experience. With 1,300+ employees operating under a nearshore model from Colombia and Peru, they have delivered 700+ projects for 150+ clients in financial services, banking, fintech, retail, insurance, and telecommunications. Their English-speaking teams operate in compatible US time zones (GMT-5), and clients consistently highlight significant business impact including fraud reduction and high user adoption.

Who Pragma Is Best For

Pragma is an excellent choice for organizations that need large-scale digital transformation and custom software development at nearshore rates. Their financial services expertise, particularly in banking, payments, and mortgages, is unmatched in the nearshore space. Companies that need 50+ engineers with time zone alignment and cultural affinity with US clients find Pragma's model both cost-effective and reliable.

Why Choose Pragma

28-year track record with 700+ delivered projects for 150+ clients
1,300+ engineers in time zone-aligned Latin American locations
Deep financial services expertise: banking, fintech, payments, insurance
Proven business impact with measurable outcomes like fraud reduction

Things to Consider

Nearshore model introduces coordination overhead for US-based product teams
Financial services focus may not translate as strongly to other verticals
Large organization size can mean less principal-level attention on smaller projects
Limited US on-site presence outside of headquarters

Pragma Services

Custom Software DevelopmentCloud ServicesMobile App DevelopmentWeb DevelopmentStaff AugmentationAI DevelopmentSoftware Consulting

Selected Work

Gen AI Solutions for an Insurance Company

Gen AI Solutions for an Insurance Company

Central American insurer

Pragma built generative-AI solutions for a Central American insurer to improve efficiency and accuracy across insurance portfolio management, policies, social security, and trusts.

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Automating Interbank Transactions — Panama Bank

Automating Interbank Transactions — Panama Bank

Panama bank

Pragma modernized interbank transaction flows for a Panama bank with cloud technology, improving security, agility, and availability for clients.

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Nequi — Colombia's First Digital Bank

Nequi — Colombia's First Digital Bank

Nequi

Pragma supported high-performance teams and digital product delivery that helped shape Nequi, Colombia's pioneering digital bank experience.

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Photos

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