diff --git a/changelog.d/348.misc b/changelog.d/348.misc
new file mode 100644
index 00000000..f4c45885
--- /dev/null
+++ b/changelog.d/348.misc
@@ -0,0 +1 @@
+Bump `matrix-common` dependency to `1.3.0`.
\ No newline at end of file
diff --git a/pyproject.toml b/pyproject.toml
index bf7d85f3..b55cd96e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -79,7 +79,7 @@ dependencies = [
     "cryptography>=2.6.1",
     "idna>=2.8",
     "jaeger-client>=4.0.0",
-    "matrix-common==1.0.0",
+    "matrix-common==1.3.0",
     "opentracing>=2.2.0",
     "prometheus_client>=0.7.0,<0.8",
     "py-vapid>=1.7.0",