diff --git a/package/memtester/memtester.hash b/package/memtester/memtester.hash
index 6e5d156ffd..1606fdbd01 100644
--- a/package/memtester/memtester.hash
+++ b/package/memtester/memtester.hash
@@ -1,3 +1,3 @@
 # Locally computed
-sha256  1c5fc2382576c084b314cfd334d127a66c20bd63892cac9f445bc1d8b4ca5a47  memtester-4.5.1.tar.gz
+sha256  e427de663f7bd22d1ebee8af12506a852c010bd4fcbca1e0e6b02972d298b5bb  memtester-4.7.1.tar.gz
 sha256  dcc100d4161cc0b7177545ab6e47216f84857cda3843847c792a25289852dcaa  COPYING
diff --git a/package/memtester/memtester.mk b/package/memtester/memtester.mk
index 347a158b74..1d3a8329fc 100644
--- a/package/memtester/memtester.mk
+++ b/package/memtester/memtester.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-MEMTESTER_VERSION = 4.5.1
+MEMTESTER_VERSION = 4.7.1
 MEMTESTER_SITE = http://pyropus.ca/software/memtester/old-versions
 MEMTESTER_LICENSE = GPL-2.0
 MEMTESTER_LICENSE_FILES = COPYING