diff --git a/doc/changelog.rst b/doc/changelog.rst
index b37731ffb..a60b23a1e 100644
--- a/doc/changelog.rst
+++ b/doc/changelog.rst
@@ -5,8 +5,8 @@
 Changelog
 =========
 
-2.3.1
------
+2.4.0 (February 10, 2021)
+-------------------------
 
 New features
 ~~~~~~~~~~~~
diff --git a/src/iminuit/version.py b/src/iminuit/version.py
index 30125ce14..68c3dc931 100644
--- a/src/iminuit/version.py
+++ b/src/iminuit/version.py
@@ -7,7 +7,7 @@
 # - Increase MAINTENANCE when fixing bugs without adding features
 # - During development, add suffix .devN with N >= 0
 # - For release candidates, add suffix .rcN with N >= 0
-iminuit_version = "2.3.1"
+iminuit_version = "2.4.0"
 
 # We list the corresponding ROOT version of the C++ Minuit2 library here
 root_version = "v6-23-01-RF-binSampling-685-ga642cc22e3"