diff --git a/contrib/android/p4a_recipes/libsecp256k1/__init__.py b/contrib/android/p4a_recipes/libsecp256k1/__init__.py
index 177a1ac53..a1b969f7d 100644
--- a/contrib/android/p4a_recipes/libsecp256k1/__init__.py
+++ b/contrib/android/p4a_recipes/libsecp256k1/__init__.py
@@ -6,9 +6,9 @@ assert LibSecp256k1Recipe.python_depends == []
 
 
 class LibSecp256k1RecipePinned(LibSecp256k1Recipe):
-    version = "1253a27756540d2ca526b2061d98d54868e9177c"
+    version = "21ffe4b22a9683cf24ae0763359e401d1284cc7a"
     url = "https://github.com/bitcoin-core/secp256k1/archive/{version}.zip"
-    sha512sum = "92232cdefba54fce5573e8b4a542dcd307e56380e9b72841da00da1d1d48bfa6f4c0d157e5c294be5342e500237761376aee5e29adde70b2bf7be413cbd77571"
+    sha512sum = "51832bfc6825690d5b71a5426aacce8981163ca1a56a235394aa86e742d105f5e2b331971433a21b8842ee338cbd7877dcbae5605fa01a9e6f4a73171b93f3e9"
 
 
 recipe = LibSecp256k1RecipePinned()
diff --git a/contrib/make_libsecp256k1.sh b/contrib/make_libsecp256k1.sh
index ba43b28ae..46e091b4c 100755
--- a/contrib/make_libsecp256k1.sh
+++ b/contrib/make_libsecp256k1.sh
@@ -14,7 +14,8 @@
 # sudo apt-get install gcc-multilib g++-multilib
 # $ AUTOCONF_FLAGS="--host=i686-linux-gnu CFLAGS=-m32 CXXFLAGS=-m32 LDFLAGS=-m32" ./contrib/make_libsecp256k1.sh
 
-LIBSECP_VERSION="1253a27756540d2ca526b2061d98d54868e9177c"
+LIBSECP_VERSION="21ffe4b22a9683cf24ae0763359e401d1284cc7a"
+# ^ tag "v0.2.0"
 
 set -e
 
diff --git a/electrum/ecc_fast.py b/electrum/ecc_fast.py
index d95234aa0..fe6e1090e 100644
--- a/electrum/ecc_fast.py
+++ b/electrum/ecc_fast.py
@@ -38,16 +38,18 @@ class LibModuleMissing(Exception): pass
 
 def load_library():
     if sys.platform == 'darwin':
-        library_paths = (os.path.join(os.path.dirname(__file__), 'libsecp256k1.0.dylib'),
-                         'libsecp256k1.0.dylib')
+        libnames = ['libsecp256k1.1.dylib', 'libsecp256k1.0.dylib', ]
     elif sys.platform in ('windows', 'win32'):
-        library_paths = (os.path.join(os.path.dirname(__file__), 'libsecp256k1-0.dll'),
-                         'libsecp256k1-0.dll')
+        libnames = ['libsecp256k1-1.dll', 'libsecp256k1-0.dll', ]
     elif 'ANDROID_DATA' in os.environ:
-        library_paths = ('libsecp256k1.so',)
+        libnames = ['libsecp256k1.so', ]
     else:  # desktop Linux and similar
-        library_paths = (os.path.join(os.path.dirname(__file__), 'libsecp256k1.so.0'),
-                         'libsecp256k1.so.0')
+        libnames = ['libsecp256k1.so.1', 'libsecp256k1.so.0', ]
+    library_paths = []
+    for libname in libnames:  # try local files in repo dir first
+        library_paths.append(os.path.join(os.path.dirname(__file__), libname))
+    for libname in libnames:
+        library_paths.append(libname)
 
     exceptions = []
     secp256k1 = None