diff --git a/changelog.txt b/changelog.txt
index 284daf87d..692658e44 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,6 +1,6 @@
 *** WooCommerce Subscriptions Core Changelog ***
 
-= 5.3.0 - 2023-xx-xx =
+= 5.3.0 - 2023-01-26 =
 * Add - Highlight subscriptions with overdue payment in list view with red icon & tooltip.
 * Fix - Shipping address correctly set when resubscribing or switching subscriptions that contain different billing and shipping addresses.
 * Fix - When processing customer requests to update all their subscription payment methods, ensure the updated subscription is used fetch the new payment meta, not and old instance.
diff --git a/includes/class-wc-subscriptions-core-plugin.php b/includes/class-wc-subscriptions-core-plugin.php
index b868bd080..76f6fc7bb 100644
--- a/includes/class-wc-subscriptions-core-plugin.php
+++ b/includes/class-wc-subscriptions-core-plugin.php
@@ -16,7 +16,7 @@ class WC_Subscriptions_Core_Plugin {
 	 * The version of subscriptions-core library.
 	 * @var string
 	 */
-	protected $library_version = '5.2.0'; // WRCS: DEFINED_VERSION.
+	protected $library_version = '5.3.0'; // WRCS: DEFINED_VERSION.
 
 	/**
 	 * The subscription scheduler instance.
diff --git a/package-lock.json b/package-lock.json
index 0729912c3..b7a785696 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
 	"name": "woocommerce-subscriptions-core",
-	"version": "5.2.0",
+	"version": "5.3.0",
 	"lockfileVersion": 2,
 	"requires": true,
 	"packages": {
 		"": {
 			"name": "woocommerce-subscriptions-core",
-			"version": "5.2.0",
+			"version": "5.3.0",
 			"hasInstallScript": true,
 			"license": "GPL-3.0-or-later",
 			"dependencies": {
diff --git a/package.json b/package.json
index 3b2a39dab..81a95a5d6 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
 	"title": "WooCommerce Subscriptions Core",
 	"author": "Automattic",
 	"license": "GPL-3.0-or-later",
-	"version": "5.2.0",
+	"version": "5.3.0",
 	"description": "",
 	"homepage": "https://github.com/Automattic/woocommerce-subscriptions-core",
 	"main": "Gruntfile.js",
diff --git a/woocommerce-subscriptions-core.php b/woocommerce-subscriptions-core.php
index bb4a1c905..bb982c2ca 100644
--- a/woocommerce-subscriptions-core.php
+++ b/woocommerce-subscriptions-core.php
@@ -6,5 +6,5 @@
  * Author: Automattic
  * Author URI: https://woocommerce.com/
  * Requires WP: 5.6
- * Version: 5.2.0
+ * Version: 5.3.0
  */