Praxent experiences high growth in 2022, accelerates fintech design and development
The fintech product agency is reporting internal and external growth, gaining industry recognition
AUSTIN, Texas, January 31, 2023–(BUSINESS WIRE)–Praxent, a fintech product agency with more than two decades of experience, finished 2022 with new and expanded client partnerships, strategic hires and promotions, and strong industry recognition.
Praxent gained nearly 30 new client relationships last year, helping financial services companies such as Meriwest Credit Union and SpyCloud accelerate the development of differentiated fintech products and experiences. Several strategic partnerships were also formed, for example with MX, Synctera, DriveWealth and APEX.
The company’s dynamic and inclusive culture continued to attract and retain top talent. Praxent added 63 team members last year, passing 100 employees. Professional growth and development remained important to Praxent as the company made several promotions, including James Moughon, VP of Engineering and FinTech Product Expert; Chris Walker, VP of Operations; and Kristiane Mandraki, VP of Growth. Due to its dedicated, focused work and team, the company ended the year with more than 60 Clutch reviews, with an average rating of 4.8 out of 5.0 stars.
A leader in digital innovation, Praxent’s client work gained recognition; MyHealthMatch was nominated for Best Insurtech in Benzinga’s Fintech Awards 2022. Praxent was also highlighted for its culture. The company was recognized as a 2022 Best Place to Work in Financial Technology by Arizent and Best Companies Group and a 2022 Best Company to Work for in Austin by Built In. The team also had an extensive presence, for example at Finovate, Money2020 (where Mandraki was invited to speak as part of the RiseUp cohort) and AFT conferences.
“Financial services companies are being challenged to rethink how they stand out in a crowded environment and deliver value to their stakeholders,” said Tim Hamilton, CEO of Praxent. “We are proud to help fintechs create differentiated digital products and services that will help them establish a strong competitive advantage. I am proud of everything our team achieved in 2022, and I look forward to continued momentum this year.”
About Praxent
Austin-based Praxent is The Fintech Product Agency™, accelerating the development of differentiated fintech products and experiences that deliver measurable results. The Praxent team has helped hundreds of fintechs and financial services firms acquire and enrich their customer relationships through the latest in human-centered design, front-end engineering and fintech product integration. Visit praxent.com to learn more.
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