diff --git a/pyproject.toml b/pyproject.toml
index 8167ef8b9e56871cd2a394456ab3450d6effae6e..4d0b6f60593b81b60b2e0ad7be52adaccecddcdc 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "git-cu"
-version = "0.3.0"
+version = "0.4.0"
 description = "git-cu helps keep your local git repositories organised by cloning them into a directory structure based on their URL."
 authors = ["Vasili Revelas <vasili.revelas@gmail.com>"]
 license = "GPL-3.0-only"
diff --git a/src/git_cu/__init__.py b/src/git_cu/__init__.py
index 9b86bc834e7c2df20495bafbfab2767dbbdc8337..180afc6bb1813207bed4b05fde62fe5c9f6cb361 100644
--- a/src/git_cu/__init__.py
+++ b/src/git_cu/__init__.py
@@ -1,2 +1,2 @@
 # pylint: disable=missing-module-docstring
-__version__ = '0.3.0'
+__version__ = '0.4.0'
diff --git a/tbump.toml b/tbump.toml
index fdf439b99be616ac3e19092f25246c7c0a469869..c4f0d1e67398f34e6fb9a60c5eb4f55ac80ec813 100644
--- a/tbump.toml
+++ b/tbump.toml
@@ -2,7 +2,7 @@
 # github_url = https://github.com/<user or organization>/<project>/
 
 [version]
-current = "0.3.0"
+current = "0.4.0"
 
 # Example of a semver regexp.
 # Make sure this matches current_version before