diff --git a/clabe/errors.py b/clabe/errors.py
index 6ecd610..c16fc24 100644
--- a/clabe/errors.py
+++ b/clabe/errors.py
@@ -1,4 +1,4 @@
-from pydantic.errors import PydanticValueError
+from pydantic.v1.errors import PydanticValueError
 
 
 class BankCodeValidationError(PydanticValueError):
diff --git a/clabe/types.py b/clabe/types.py
index 08d6052..4e5dd3f 100644
--- a/clabe/types.py
+++ b/clabe/types.py
@@ -1,7 +1,7 @@
 from typing import TYPE_CHECKING, ClassVar
 
-from pydantic.errors import NotDigitError
-from pydantic.validators import (
+from pydantic.v1.errors import NotDigitError
+from pydantic.v1.validators import (
     constr_length_validator,
     constr_strip_whitespace,
     str_validator,
@@ -11,7 +11,7 @@
 from .validations import BANK_NAMES, BANKS, compute_control_digit
 
 if TYPE_CHECKING:
-    from pydantic.typing import CallableGenerator
+    from pydantic.v1.typing import CallableGenerator
 
 
 def validate_digits(v: str) -> str:
diff --git a/clabe/version.py b/clabe/version.py
index d2309e3..19b4f1d 100644
--- a/clabe/version.py
+++ b/clabe/version.py
@@ -1 +1 @@
-__version__ = '1.2.17'
+__version__ = '1.3.0'
diff --git a/requirements.txt b/requirements.txt
index 62c77cd..d8c492f 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1 +1 @@
-pydantic==1.9.0
+pydantic==1.10.19
diff --git a/setup.py b/setup.py
index 80d79db..d6adc9d 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@
     packages=setuptools.find_packages(),
     include_package_data=True,
     package_data=dict(clabe=['py.typed']),
-    install_requires=['pydantic>=1.4,<2.0'],
+    install_requires=['pydantic>=1.10.17'],
     classifiers=[
         'Programming Language :: Python :: 3',
         'License :: OSI Approved :: MIT License',
diff --git a/tests/test_types.py b/tests/test_types.py
index 543ea23..0723e24 100644
--- a/tests/test_types.py
+++ b/tests/test_types.py
@@ -1,6 +1,6 @@
 import pytest
-from pydantic import BaseModel
-from pydantic.errors import NotDigitError
+from pydantic.v1 import BaseModel
+from pydantic.v1.errors import NotDigitError
 
 from clabe import BANK_NAMES, BANKS, compute_control_digit
 from clabe.errors import (