diff --git a/backend/pyproject.toml b/backend/pyproject.toml
index 8d70d795b9..2f66a8e871 100644
--- a/backend/pyproject.toml
+++ b/backend/pyproject.toml
@@ -78,7 +78,7 @@ django_settings_module = "hct_mis_api.settings"
 
 [tool.poetry]
 name = "HCT MIS Backend"
-version = "2.3.0"
+version = "2.4.0"
 description = "HCT MIS is UNICEF's humanitarian cash transfer platform."
 authors = ["Tivix"]
 
diff --git a/frontend/package.json b/frontend/package.json
index 3d6816ab1a..ec7f2b1db8 100644
--- a/frontend/package.json
+++ b/frontend/package.json
@@ -1,6 +1,6 @@
 {
   "name": "frontend",
-  "version": "2.3.0",
+  "version": "2.4.0",
   "private": true,
   "type": "module",
   "scripts": {