Hi Craig,
I thought Magento 2.4 could be installed on php 7.3? Currently with Cloudways, if I attempt to update php to 7.4 I get this error:
IonCube is not avaliable for PHP 7.4 on temporary basis. Your app using
IonCube encryption won’t work properly. Read moreherefor further details
Please ensure all your applications on this server are compatible with PHP 7.4 ,
as otherwise they may not function properly.
Read more here about PHP 7 version compatibility.
Ian