diff --git a/Readme.md b/Readme.md
index 10e79c209..b9c4082e8 100644
--- a/Readme.md
+++ b/Readme.md
@@ -69,7 +69,7 @@ The library supports all webhooks under the following model directories:
 You can use go modules to add our library to your project
 
 ```bash
-go get github.com/adyen/adyen-go-api-library/v16@v16.0.0
+go get github.com/adyen/adyen-go-api-library/v16@v16.1.0
 ```
 
 ## Usage examples
diff --git a/VERSION b/VERSION
index 946789e61..e0228cf18 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-16.0.0
+16.1.0
diff --git a/src/common/configuration.go b/src/common/configuration.go
index 5e54b2fec..e74012cd7 100644
--- a/src/common/configuration.go
+++ b/src/common/configuration.go
@@ -51,7 +51,7 @@ const (
 
 const (
 	LibName    = "adyen-go-api-library"
-	LibVersion = "16.0.0"
+	LibVersion = "16.1.0"
 )
 
 // Config stores the configuration of the API client