diff --git a/pyproject.toml b/pyproject.toml
index 84f2ec7..f1d6044 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "infobip_api_client"
-version = "4.0.0"
+version = "5.0.0"
 description = "This is a Python package for Infobip API and you can use it as a dependency to add Infobip APIs to your application."
 authors = ["Infobip support <support@infobip.com>"]
 license = "MIT License"
diff --git a/setup.py b/setup.py
index fe27597..8ac8702 100644
--- a/setup.py
+++ b/setup.py
@@ -22,7 +22,7 @@
 # prerequisite: setuptools
 # http://pypi.python.org/pypi/setuptools
 NAME = "infobip-api-python-client"
-VERSION = "4.0.0"
+VERSION = "5.0.0"
 PYTHON_REQUIRES = ">=3.8"
 REQUIRES = [
     "urllib3 >= 1.25.3, < 2.1.0",