diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4de7c3d1b..58e9fedc7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+## 7.74.0 - 2021-02-17
+* [#1093](https://github.com/stripe/stripe-php/pull/1093) API Updates
+  * Add support for on_behalf_of to Invoice
+
 ## 7.73.0 - 2021-02-16
 * [#1091](https://github.com/stripe/stripe-php/pull/1091) Update PHPDocs
   * Add support for `afterpay_clearpay` on `PaymentMethod`.
diff --git a/VERSION b/VERSION
index 55ba97f86..c08d15d56 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.73.0
+7.74.0
diff --git a/lib/Stripe.php b/lib/Stripe.php
index 955fd074b..1ee8b9687 100644
--- a/lib/Stripe.php
+++ b/lib/Stripe.php
@@ -58,7 +58,7 @@ class Stripe
     /** @var float Initial delay between retries, in seconds */
     private static $initialNetworkRetryDelay = 0.5;
 
-    const VERSION = '7.73.0';
+    const VERSION = '7.74.0';
 
     /**
      * @return string the API key used for requests