diff --git a/CHANGELOG.md b/CHANGELOG.md
index b82ef05ba41..b860ab9dfd2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 ## XX.XX.XX - 20XX-XX-XX
 
+## 21.3.2 - 2025-01-21
+
 ### Financial Connections
 - [FIXED] Fixes a rare crash that could occur when presenting a bottom sheet.
 
diff --git a/README.md b/README.md
index 5f72cf4826b..6abd7d945d3 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:21.3.1'
+    implementation 'com.stripe:stripe-android:21.3.2'
 }
 ```
 
diff --git a/VERSION b/VERSION
index 0fac3b01f54..b642a24f717 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-21.3.1
+21.3.2
diff --git a/gradle.properties b/gradle.properties
index c1b5423f7ad..ca0b3542bc8 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=21.3.1
+VERSION_NAME=21.3.2
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 f964feb27f0..9857a3507e3 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 = "21.3.1"
+    const val VERSION_NAME = "21.3.2"
     const val VERSION: String = "AndroidBindings/$VERSION_NAME"
 }