diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2a2e957a8..0a7eecec1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Changelog
 
+## 2.18.0 - 2019-01-15
+* [#518](https://github.com/stripe/stripe-python/pull/518) Add configurable telemetry to gather information on client-side request latency
+
 ## 2.17.0 - 2018-12-21
 * [#510](https://github.com/stripe/stripe-python/pull/510) Add support for Checkout sessions
 
diff --git a/VERSION b/VERSION
index d76bd2ba3..cf8690732 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2.17.0
+2.18.0
diff --git a/stripe/version.py b/stripe/version.py
index 1428e05b2..1591243a9 100644
--- a/stripe/version.py
+++ b/stripe/version.py
@@ -1 +1 @@
-VERSION = '2.17.0'
+VERSION = '2.18.0'