Ticket resale platform Twickets raced past its fundraising target of £700k, raising more than £890k, just one month after beginning the campaign.

Over 520 members of the public and live entertainment businesses have invested in the company, including label Closer Artists’ James Bay and George Ezra, and tennis World No.1 Andy Murray.

Interest in the campaign received a boost after the reseller made several big announcements, including international expansion in 2017, an appointment as official reseller for Adele and crystal Palace and deals to integrate with myticket.co.uk and ticket agency Gigantic.

Twickets founder Richard Davies said: “Thank you to everyone who has given their support to Twickets, helping us to achieve our target much faster than expected.

“People evidently believe in stopping fans being ripped off and saving them money that can in turn flow back into the entertainment and sports industries. We look forward to expanding to Australia, Spain and New York this year.”