Praxent

Review

★9.4/10

🇺🇸 Austin, Texas, United States·50 - 249 employees·Est. 2000·Reviewed Jul 2026

Your Trusted Partner in Financial Technology Consulting and Engineering

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Best For

Financial services companies needing digital product engineering and legacy modernization

Hourly Rate

$50-99/hr

40% below the $125/hr median for software agencies in United States

Min. Project

$25K+

Industries

Financial Services, Banking, Insurance

Clients

About Praxent

Praxent is a fintech design and engineering partner helping financial services companies launch, scale, and modernize digital products. With over 400 organizations served since 2000, they specialize in end-to-end digital transformation for banking, lending, insurance, and wealth management firms across the financial sector.

Who Praxent Is Best For

Praxent works best for Financial Services, Banking companies that need Custom Software Development and UX/UI Design. With minimum project size of $25K+, hourly rates of $50-99/hr, they are accessible to small to mid-sized businesses. Based in Austin, TX, their primary differentiator is deep fintech domain expertise.

Why Choose Praxent

Deep fintech domain expertise

400+ organizations served

End-to-end digital transformation

Legacy system modernization

Things to Consider

Minimum project commitment of $25K+ may not work for companies testing the waters with a small pilot project

Wide service menu risks spreading capabilities thin; clients with complex requirements should verify depth of expertise in their specific need

Limited publicly available case studies make it difficult to verify performance benchmarks before committing to an engagement

Praxent Services

Custom Software DevelopmentUX/UI DesignWeb DevelopmentMobile App DevelopmentLegacy ModernizationEnterprise ArchitectureSystems IntegrationPlatform Engineering

Selected Work

NEWITY — SMB Capital Access Platform

NEWITY

NEWITY partnered with Praxent to redevelop its borrower portal and streamline loan servicing — launching products every 12 weeks and becoming the #1 SBA Loan Facilitator helping 120,000+ small businesses access billions in capital.

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Enterprise PBM Platform

A major pharmacy benefit manager partnered with Praxent to overlay complex platform functionality with a simplified modern digital experience — improving marketability and user satisfaction across claims, formulary, and plan assembly.

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Integris Group — MPL Insurance Modernization

Integris Group

Integris Group, an admitted MPL insurance carrier serving physicians nationwide, partnered with Praxent to transform legacy systems into a best-in-class technology ecosystem with custom portals and integrated core systems.

View case study

Photos

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