diff --git a/docker-compose-postgresql.yml b/docker-compose-postgresql.yml
index 38611a981..27fa951f0 100644
--- a/docker-compose-postgresql.yml
+++ b/docker-compose-postgresql.yml
@@ -22,7 +22,7 @@ version: '3.7'
 services:
   # Backend service
   fineractpostgresql:
-    image: postgres:13.6
+    image: postgres:14.2
     volumes:
       - ./fineract-db/docker/postgresql:/docker-entrypoint-initdb.d/:Z,ro
     restart: always