diff --git a/CHANGELOG.md b/CHANGELOG.md
index 33e4e5c7166..e0fe103a768 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 ## XX.XX.XX - 20XX-XX-XX
 
+## 21.0.0 - 2024-11-04
+
 ### PaymentSheet
 - [CHANGED] [9498](https://github.com/stripe/stripe-android/pull/9498) The default value of `PaymentSheet.Configuration.Builder.paymentMethodLayout` has changed from Horizontal to Automatic.
 
diff --git a/README.md b/README.md
index 08eb87efe92..d55a584a362 100644
--- a/README.md
+++ b/README.md
@@ -67,7 +67,7 @@ Add `stripe-android` to your `build.gradle` dependencies.
 
 ```
 dependencies {
-    implementation 'com.stripe:stripe-android:20.53.0'
+    implementation 'com.stripe:stripe-android:21.0.0'
 }
 ```
 
diff --git a/VERSION b/VERSION
index 341ba20d522..fb5b513039e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-20.53.0
+21.0.0
diff --git a/gradle.properties b/gradle.properties
index 92445410d2d..a84ce3b3fd8 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -20,4 +20,4 @@ android.useAndroidX=true
 android.experimental.androidTest.numManagedDeviceShards=3
 
 # Update StripeSdkVersion.VERSION_NAME when publishing a new release
-VERSION_NAME=20.53.0
+VERSION_NAME=21.0.0
diff --git a/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt b/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt
index ea4765af4bf..8eda9afcb2c 100644
--- a/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt
+++ b/stripe-core/src/main/java/com/stripe/android/core/version/StripeSdkVersion.kt
@@ -8,6 +8,6 @@ package com.stripe.android.core.version
  *
  */
 object StripeSdkVersion {
-    const val VERSION_NAME = "20.53.0"
+    const val VERSION_NAME = "21.0.0"
     const val VERSION: String = "AndroidBindings/$VERSION_NAME"
 }