diff --git a/CHANGES.txt b/CHANGES.txt
index ddcd9237..c17cde8c 100644
--- a/CHANGES.txt
+++ b/CHANGES.txt
@@ -1,3 +1,6 @@
+7.1.3 (Aug 24, 2022)
+ - Updated `predis` dependency to `^2.0`.
+
 7.1.2 (May 24, 2022)
  - Updated validations to comply with PHP8's stricter type validations.
 
diff --git a/composer.json b/composer.json
index 4cc2621b..2a7724e5 100644
--- a/composer.json
+++ b/composer.json
@@ -24,7 +24,7 @@
   "require": {
     "php": ">=7.3",
     "psr/log": "~1.0",
-    "predis/predis": "^1.1.9",
+    "predis/predis": "^2.0",
     "symfony/yaml": ">=5.3"
   },
 
@@ -46,5 +46,11 @@
     "psr-4": {
       "SplitIO\\Test\\": "tests/"
     }
+  },
+
+  "config": {
+    "allow-plugins": {
+      "symfony/flex": true
+    }
   }
 }
diff --git a/src/SplitIO/Version.php b/src/SplitIO/Version.php
index 6c1aacc4..e4130e0f 100644
--- a/src/SplitIO/Version.php
+++ b/src/SplitIO/Version.php
@@ -3,5 +3,5 @@
 
 class Version
 {
-    const CURRENT = '7.1.2';
+    const CURRENT = '7.1.3';
 }