diff --git a/homeassistant/components/mfi/manifest.json b/homeassistant/components/mfi/manifest.json
index db9cb547b28..b569009d400 100644
--- a/homeassistant/components/mfi/manifest.json
+++ b/homeassistant/components/mfi/manifest.json
@@ -5,5 +5,5 @@
   "documentation": "https://www.home-assistant.io/integrations/mfi",
   "iot_class": "local_polling",
   "loggers": ["mficlient"],
-  "requirements": ["mficlient==0.3.0"]
+  "requirements": ["mficlient==0.5.0"]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index b683866f6d9..b8d8f7ec2a6 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1327,7 +1327,7 @@ meteoalertapi==0.3.0
 meteofrance-api==1.3.0
 
 # homeassistant.components.mfi
-mficlient==0.3.0
+mficlient==0.5.0
 
 # homeassistant.components.xiaomi_miio
 micloud==0.5
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index a55edb474ce..721e90fd89d 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -1096,7 +1096,7 @@ melnor-bluetooth==0.0.25
 meteofrance-api==1.3.0
 
 # homeassistant.components.mfi
-mficlient==0.3.0
+mficlient==0.5.0
 
 # homeassistant.components.xiaomi_miio
 micloud==0.5
diff --git a/script/licenses.py b/script/licenses.py
index e612b96794c..9bcc7b54540 100644
--- a/script/licenses.py
+++ b/script/licenses.py
@@ -179,9 +179,6 @@ TODO = {
     "aiocache": AwesomeVersion(
         "0.12.2"
     ),  # https://github.com/aio-libs/aiocache/blob/master/LICENSE all rights reserved?
-    "mficlient": AwesomeVersion(
-        "0.3.0"
-    ),  # No license https://github.com/kk7ds/mficlient/issues/4
     "pyflic": AwesomeVersion("2.0.3"),  # No OSI approved license CC0-1.0 Universal)
 }