diff --git a/CHANGELOG.md b/CHANGELOG.md
index c689641..f7bccb4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,7 @@
 - Implemented support for custom icons.
 - Implemented file merging/synchronization.
 - Fixed threading problem on save: only allow one save at a time for each file.
+- Support for V2 keyfile https://forum.authpass.app/t/issuues-with-keyfile/84/3
 
 ## 0.4.1
 
diff --git a/lib/src/kdbx_format.dart b/lib/src/kdbx_format.dart
index 7b37a51..a4ec630 100644
--- a/lib/src/kdbx_format.dart
+++ b/lib/src/kdbx_format.dart
@@ -162,9 +162,17 @@ class KeyFileCredentials implements CredentialsPart {
             convert.hex.decode(keyFileAsString) as Uint8List));
       }
       final xmlContent = xml.XmlDocument.parse(keyFileAsString);
+      final metaVersion =
+          xmlContent.findAllElements('Version').singleOrNull?.text;
       final key = xmlContent.findAllElements('Key').single;
       final dataString = key.findElements('Data').single;
-      final dataBytes = base64.decode(dataString.text);
+      final encoded = dataString.text.replaceAll(RegExp(r'\s'), '');
+      Uint8List dataBytes;
+      if (metaVersion != null && metaVersion.startsWith('2.')) {
+        dataBytes = convert.hex.decode(encoded) as Uint8List;
+      } else {
+        dataBytes = base64.decode(encoded);
+      }
       _logger.finer('Decoded base64 of keyfile.');
       return KeyFileCredentials._(ProtectedValue.fromBinary(dataBytes));
     } catch (e, stackTrace) {
diff --git a/pubspec.yaml b/pubspec.yaml
index a1a210b..08df007 100644
--- a/pubspec.yaml
+++ b/pubspec.yaml
@@ -1,6 +1,6 @@
 name: kdbx
 description: KeepassX format implementation in pure dart. (kdbx 3.x and 4.x support).
-version: 0.4.2
+version: 1.0.0
 homepage: https://github.com/authpass/kdbx.dart
 
 environment:
diff --git a/test/kdbx_test.dart b/test/kdbx_test.dart
index 8b40c75..ff40104 100644
--- a/test/kdbx_test.dart
+++ b/test/kdbx_test.dart
@@ -39,6 +39,15 @@ void main() {
   });
 
   group('Composite key', () {
+    Future<KdbxFile> readFile(
+        String kdbxFile, String password, String keyFile) async {
+      final keyFileBytes = await File(keyFile).readAsBytes();
+      final cred = Credentials.composite(
+          ProtectedValue.fromString(password), keyFileBytes);
+      final data = await File(kdbxFile).readAsBytes();
+      return await kdbxFormat.read(data, cred);
+    }
+
     test('Read with PW and keyfile', () async {
       final keyFileBytes =
           await File('test/password-and-keyfile.key').readAsBytes();
@@ -49,14 +58,15 @@ void main() {
       expect(file.body.rootGroup.entries, hasLength(2));
     });
     test('Read with PW and hex keyfile', () async {
-      final keyFileBytes =
-          await File('test/keyfile/hexkey_no_newline').readAsBytes();
-      final cred = Credentials.composite(
-          ProtectedValue.fromString('testing99'), keyFileBytes);
-      final data = await File('test/keyfile/newdatabase2.kdbx').readAsBytes();
-      final file = await kdbxFormat.read(data, cred);
+      final file = await readFile('test/keyfile/newdatabase2.kdbx', 'testing99',
+          'test/keyfile/hexkey_no_newline');
       expect(file.body.rootGroup.entries, hasLength(3));
     });
+    test('Keyfile v2 with PW and keyfile', () async {
+      final file = await readFile(
+          'test/keyfile/keyfilev2.kdbx', 'qwe', 'test/keyfile/keyfilev2.keyx');
+      expect(file.body.rootGroup.entries, hasLength(2));
+    });
   });
 
   group('Creating', () {
diff --git a/test/keyfile/keyfilev2.kdbx b/test/keyfile/keyfilev2.kdbx
new file mode 100644
index 0000000..44f945d
Binary files /dev/null and b/test/keyfile/keyfilev2.kdbx differ
diff --git a/test/keyfile/keyfilev2.keyx b/test/keyfile/keyfilev2.keyx
new file mode 100644
index 0000000..602fc88
--- /dev/null
+++ b/test/keyfile/keyfilev2.keyx
@@ -0,0 +1,12 @@
+<?xml version="1.0" encoding="utf-8"?>
+<KeyFile>
+	<Meta>
+		<Version>2.0</Version>
+	</Meta>
+	<Key>
+		<Data Hash="5C454605">
+			EDAA196E 138FE3F9 026CF910 C441CEAE
+			94B248D2 72600B6A 95A94793 EAC2DAD3
+		</Data>
+	</Key>
+</KeyFile>
\ No newline at end of file