diff --git a/CHANGELOG.md b/CHANGELOG.md
index dcc124ad8..15da88010 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Changelog
 
+## 7.55.0 - 2020-09-24
+* [#1018](https://github.com/stripe/stripe-php/pull/1018) Multiple API changes
+  * Updated PHPDocs
+  * Added `TYPE_CONTRIBUTION` as a constant on `BalanceTransaction`
+
 ## 7.54.0 - 2020-09-23
 * [#1017](https://github.com/stripe/stripe-php/pull/1017) Updated PHPDoc
 
diff --git a/VERSION b/VERSION
index ccb032ee1..3c089096a 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.54.0
+7.55.0
diff --git a/lib/Stripe.php b/lib/Stripe.php
index dd070126f..287e6d5f5 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 = '7.54.0';
+    const VERSION = '7.55.0';
 
     /**
      * @return string the API key used for requests