diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 224bfb0..c01e4c4 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.15.0
+current_version = 3.16.0
 commit = True
 tag = False
 
diff --git a/setup.py b/setup.py
index 78c0a3e..9240c63 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@
 
 setup(
     name="vonage",
-    version="3.15.0",
+    version="3.16.0",
     description="Vonage Server SDK for Python",
     long_description=long_description,
     long_description_content_type="text/markdown",
diff --git a/src/vonage/__init__.py b/src/vonage/__init__.py
index 4a673a0..c848fd9 100644
--- a/src/vonage/__init__.py
+++ b/src/vonage/__init__.py
@@ -1,4 +1,4 @@
 from .client import *
 from .ncco_builder.ncco import *
 
-__version__ = "3.15.0"
+__version__ = "3.16.0"