diff --git a/src/borg/hashindex.pyx b/src/borg/hashindex.pyx
index 857b19360..dd224f522 100644
--- a/src/borg/hashindex.pyx
+++ b/src/borg/hashindex.pyx
@@ -8,7 +8,7 @@ from libc.stdint cimport uint32_t, UINT32_MAX, uint64_t
 from libc.errno cimport errno
 from cpython.exc cimport PyErr_SetFromErrnoWithFilename
 
-API_VERSION = 3
+API_VERSION = 4
 
 
 cdef extern from "_hashindex.c":
diff --git a/src/borg/helpers.py b/src/borg/helpers.py
index 4c6b939cf..8a3017f54 100644
--- a/src/borg/helpers.py
+++ b/src/borg/helpers.py
@@ -85,7 +85,7 @@ class PlaceholderError(Error):
 
 def check_extension_modules():
     from . import platform, compress
-    if hashindex.API_VERSION != 3:
+    if hashindex.API_VERSION != 4:
         raise ExtensionModuleError
     if chunker.API_VERSION != 2:
         raise ExtensionModuleError