diff --git a/README.md b/README.md
index 8f391d0f..dbfec115 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-# Flow Wallet Service v0.3.0
+# Flow Wallet Service v0.3.1
 
 A custodial wallet service for tokens on the Flow blockchain.
 
diff --git a/api/openapi.yaml b/api/openapi.yaml
index e83c197e..c9e28689 100644
--- a/api/openapi.yaml
+++ b/api/openapi.yaml
@@ -2,7 +2,7 @@ openapi: 3.0.3
 
 info:
   title: Flow Wallet Service API
-  version: 0.3.0
+  version: 0.3.1
 
 servers:
   - url: http://localhost:3000/v1