diff --git a/CHANGELOG.md b/CHANGELOG.md
index a1a96d8b..c8184336 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,23 @@
+2.3.0 / 2021-07-04
+==================
+
+New functionality and features
+------------------------------
+
+  * Add support for `RemoveBackground` effect
+  * Add support for `ignoreMaskChannels` flag
+  * Add support for `Animated::edit` action
+  * Add support for `USDZ` format
+  * Add support for `AVIF` image format
+
+Other Changes
+-------------
+
+  * Fix `GuzzleHttp\Psr7` deprecation errors
+  * Fix video concatenation with `transition` transformation
+  * Fix support of `resource_type` in `privateDownloadUrl`
+  * Fix support of incoming transformation in `upload` API
+
 2.2.0 / 2021-05-12
 ==================
 
diff --git a/composer.json b/composer.json
index 05099041..60fd8d36 100644
--- a/composer.json
+++ b/composer.json
@@ -1,6 +1,6 @@
 {
   "name": "cloudinary/cloudinary_php",
-  "version": "2.2.0",
+  "version": "2.3.0",
   "description": "Cloudinary PHP SDK",
   "keywords": [
     "cloudinary",
diff --git a/docs/sami_config.php b/docs/sami_config.php
index 72b98367..120ec1c9 100644
--- a/docs/sami_config.php
+++ b/docs/sami_config.php
@@ -14,7 +14,7 @@
         'theme'                => 'cloudinary',
         'template_dirs'        => [$docsDir . 'themes'],
         'title'                => 'Cloudinary PHP SDK',
-        'version'              => '2.2.0',
+        'version'              => '2.3.0',
         'build_dir'            => $docsDir . 'build',
         'cache_dir'            => $docsDir . 'cache',
         'default_opened_level' => 1,
diff --git a/src/Cloudinary.php b/src/Cloudinary.php
index 82088a4e..1764b828 100644
--- a/src/Cloudinary.php
+++ b/src/Cloudinary.php
@@ -33,7 +33,7 @@ class Cloudinary
      *
      * @var string VERSION
      */
-    const VERSION = '2.2.0';
+    const VERSION = '2.3.0';
 
     /**
      * Defines the Cloudinary cloud details and other global configuration options.