Nationwide — In a very sudden and unexpected move, Wells Fargo bank has closed and zeroed out the business accounts of Beautiful Curly Me, a Black-owned company run by 12-year-old Zoe Oli and her mom Evana. Zoe started the company when she was just 7 years old, and her brand, which has been featured on Good Morning America, ABC News, Black Enterprise, and even in People Magazine, inspires confidence in young girls of color through dolls, books, puzzles, and accessories.
Both Zoe and Evana say that the closure of their bank accounts occurred without any warning from Wells Fargo, leaving their small business without access to its funds for up to 15 days.
The bank cited an address discrepancy as the reason for the closure, claiming the company’s office was not a physical location—despite the listed address being a legitimate Atlanta office building. After contacting Wells Fargo’s customer service, the mom and daughter duo were told that nothing could be done until their funds, which were mailed via cashier’s check, arrive by mail in 7-15 business days.
“This is really disheartening and unacceptable,” said Zoe in a video she posted on Instagram. “As a small product-based business we need cash to operate, we have vendors and bills to pay constantly, why should Wells Fargo close our accounts and hold our money?”
Beautiful Curly Me is a company that empowers young Black and brown girls with products designed to boost confidence and promote self-love. Over the past 5 years, the company has impacted thousands of Black and Brown girls and donates a doll for every doll purchased.
How You Can Help:
Zoe and her mom, Evana, are encouraging their supporters to shop directly from their website to help them through this challenging time. All are encouraged to use the promo code SUPPORT20 at checkout on BeautifulCurlyMe.com to get 20% off all purchases and help this Black-owned business thrive despite this difficult situation.
For press inquiries or media interviews, contact press@beautifulcurlyme.com
Source: BlackNews.com
