Leapin, an online platform that helps freelancers launch their businesses, announced that it has rebranded under the name Xolo and has raised $6.8 million in Series A funding, according to a Medium post. 

The round was led by Estonia-based Karma Ventures, Finland-based Vendep Capital and Leap Ventures of France. 

The company, which has offered banking, company formation, accounting and compliance services since it launched in 2015, also announced its first new products since rebranding. The firm is launching Xolo Go, which provides firms with dedicated bank accounts, invoicing, expense management and payout applications. 

The second product, called Xolo Leap, allows firms to create EU-registered companies with full banking, accounting and tax compliance applications based on Estonia's e-Residency program, where Xolo is based. 

"Administering independent professional business in a traditional way may take up to two days a month," Allan Martinson, CEO at Xolo, said in a company release. "Our aim is to cut that down to near zero."