diff --git a/Braintree.podspec b/Braintree.podspec
index d96409a92b..2d751bb9f3 100644
--- a/Braintree.podspec
+++ b/Braintree.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |s|
   s.name             = "Braintree"
-  s.version          = "5.20.1"
+  s.version          = "5.21.0"
   s.summary          = "Braintree iOS SDK: Helps you accept card and alternative payments in your iOS app."
   s.description      = <<-DESC
                        Braintree is a full-stack payments platform for developers
diff --git a/CHANGELOG.md b/CHANGELOG.md
index bb6992a957..e73ae367e7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Braintree iOS SDK Release Notes
 
-## unreleased
+## 5.21.0 (2023-03-14)
 * Add missed deprecation warnings to `BTCardRequest` Union Pay properties
 * Update Cardinal SDK to version 2.2.5-6
 * BraintreePayPalNativeCheckout (BETA)
diff --git a/Demo/Application/Supporting Files/Braintree-Demo-Info.plist b/Demo/Application/Supporting Files/Braintree-Demo-Info.plist
index d7439010a0..386ee56e1f 100644
--- a/Demo/Application/Supporting Files/Braintree-Demo-Info.plist	
+++ b/Demo/Application/Supporting Files/Braintree-Demo-Info.plist	
@@ -41,7 +41,7 @@
 	<key>CFBundlePackageType</key>
 	<string>APPL</string>
 	<key>CFBundleShortVersionString</key>
-	<string>5.20.1</string>
+	<string>5.21.0</string>
 	<key>CFBundleURLTypes</key>
 	<array>
 		<dict>
@@ -56,7 +56,7 @@
 		</dict>
 	</array>
 	<key>CFBundleVersion</key>
-	<string>5.20.1</string>
+	<string>5.21.0</string>
 	<key>LSApplicationQueriesSchemes</key>
 	<array>
 		<string>com.braintreepayments.Demo.payments</string>
diff --git a/Sources/BraintreeCore/Braintree-Version.h b/Sources/BraintreeCore/Braintree-Version.h
index a43da259a7..78f287a23c 100644
--- a/Sources/BraintreeCore/Braintree-Version.h
+++ b/Sources/BraintreeCore/Braintree-Version.h
@@ -1 +1 @@
-#define BRAINTREE_VERSION (@"5.20.1")
+#define BRAINTREE_VERSION (@"5.21.0")
diff --git a/Sources/BraintreeCore/Info.plist b/Sources/BraintreeCore/Info.plist
index f2ab291876..8f69e6fd03 100644
--- a/Sources/BraintreeCore/Info.plist
+++ b/Sources/BraintreeCore/Info.plist
@@ -15,11 +15,11 @@
 	<key>CFBundlePackageType</key>
 	<string>FMWK</string>
 	<key>CFBundleShortVersionString</key>
-	<string>5.20.1</string>
+	<string>5.21.0</string>
 	<key>CFBundleSignature</key>
 	<string>????</string>
 	<key>CFBundleVersion</key>
-	<string>5.20.1</string>
+	<string>5.21.0</string>
 	<key>NSPrincipalClass</key>
 	<string></string>
 </dict>