diff --git a/readme.md b/readme.md
index 9edb27210fc8..c5d3a5ce69f1 100644
--- a/readme.md
+++ b/readme.md
@@ -19,7 +19,7 @@
 * [Softaculous](https://www.softaculous.com/apps/ecommerce/Invoice_Ninja) - $30
 
 ### Requirements
-* PHP >= 5.4.0
+* PHP >= 5.5.9
 * MCrypt PHP Extension
 * MySQL
 
@@ -28,7 +28,7 @@
 * [Postmark](https://postmarkapp.com/)
 
 ### Features
-* Built using Laravel 5
+* Built using Laravel 5.1
 * Live PDF generation using [pdfmake](http://pdfmake.org/)
 * Integrates with 50+ payment providers with [OmniPay](https://github.com/thephpleague/omnipay)
 * Recurring invoices with auto-billing
@@ -96,4 +96,4 @@ We're using the [Git-Flow](http://nvie.com/posts/a-successful-git-branching-mode
 * [ezyang/htmlpurifier](https://github.com/ezyang/htmlpurifier) - Standards compliant HTML filter written in PHP
 * [cerdic/css-tidy](https://github.com/Cerdic/CSSTidy) - CSSTidy is a CSS minifier
 * [asgrim/ofxparser](https://github.com/asgrim/ofxparser) - OFX File Parser
-* [stacktracejs/stacktrace.js](https://github.com/stacktracejs/stacktrace.js) - Framework-agnostic, micro-library for getting stack traces in all web browsers
\ No newline at end of file
+* [stacktracejs/stacktrace.js](https://github.com/stacktracejs/stacktrace.js) - Framework-agnostic, micro-library for getting stack traces in all web browsers