Praxent Strengthens Board as Financial Services Races to Move AI From Pilots to Production

Praxent, the award-winning AI transformation firm for financial services, today named Dr. Ranjit Tinaikar, Jeremy Wing, and Garrett Marsilio to its board of directors, as financial institutions push to turn AI pilots into production systems that hold up in regulated environments.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260915409162/en/

The appointments of Dr. Ranjit Tinaikar, Jeremy Wing, and Garrett Marsilio back Praxent’s push to help financial institutions and enterprise fintechs become AI-native market leaders.

As a select partner to Anthropic and a managed Microsoft Cloud and AI solutions partner, Praxent helps financial institutions and enterprise fintechs become AI native by transforming their technology, processes, and people. The firm brings 25+ years in financial services, 500+ digital transformations, and more than $3T managed on platforms it has built — with results like a #1 SBA loan facilitator with 60 agents in production underwriting 3X faster than the industry average. The new appointments deepen the board’s operating and investment experience as Praxent meets rapidly growing demand for its services.

“Financial services firms have run the AI experiments. What they need now is production results that hold up in a regulated environment,” said Ranjit Tinaikar, Chairperson, Praxent. “Praxent has the domain depth and the forward-deployed engineering model to get there, and I’m excited to help scale it.” Ranjit brings nearly three decades of experience in BFSI technology consulting across firms like McKinsey & Company, Thomson Reuters, and Ness Digital Engineering.

“AI is creating opportunities for technical professionals to focus on higher-impact work,” said Kevin Hurwitz, Managing Partner, Praxent. “Praxent is hiring more forward-deployed fintech engineers than ever to meet sustained demand and help organizations apply AI thoughtfully in real-world environments to better serve their customers, employees, and communities.”

“I’ve spent my career building and scaling businesses across payments, lending, and fintech including Payroc and Fora Financial, and Praxent is squarely in the markets I know best,” said Jeremy Wing. “AI is creating a generational opportunity in financial services and Praxent has the domain expertise and execution capability to turn that opportunity into scale.”

“AI is fundamentally changing how financial firms operate, and our clients are looking for the domain expertise we’ve built over decades,” said Tim Hamilton, Founder and CEO, Praxent. “Ranjit, Jeremy, and Garrett have helped create billions of dollars of enterprise value across multiple private-equity backed businesses. They know what it takes to turn rapid demand into durable growth and enterprise value. That experience is particularly valuable as we capitalize on the acceleration we’re seeing across AI and financial services.”

About Praxent

Praxent is the award-winning AI transformation firm built on 25+ years of financial services experience. Praxent helps financial institutions and technology providers become AI-native market leaders across lending, payments, banking, fraud, capital markets, and insurance — modernizing legacy platforms and deploying AI into regulated operations. See how at praxent.ai.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260915409162/en/

Media gallery