diff --git a/matrix-sdk-android/build.gradle b/matrix-sdk-android/build.gradle
index 99fb97b4b7..875662759a 100644
--- a/matrix-sdk-android/build.gradle
+++ b/matrix-sdk-android/build.gradle
@@ -155,7 +155,7 @@ dependencies {
     implementation "io.arrow-kt:arrow-instances-core:$arrow_version"
 
     // olm lib is now hosted by jitpack: https://jitpack.io/#org.matrix.gitlab.matrix-org/olm
-    implementation 'org.matrix.gitlab.matrix-org:olm:3.2.2'
+    implementation 'org.matrix.gitlab.matrix-org:olm:3.2.4'
 
     // DI
     implementation "com.google.dagger:dagger:$daggerVersion"
diff --git a/newsfragment/1.feature b/newsfragment/1.feature
new file mode 100644
index 0000000000..b0e65e52e1
--- /dev/null
+++ b/newsfragment/1.feature
@@ -0,0 +1 @@
+Upgrade Olm dependency to 3.2.4
\ No newline at end of file