diff --git a/suite-native/app/ios/.xcode.env b/suite-native/app/ios/.xcode.env
index 2cd001d5c3..a268e65777 100644
--- a/suite-native/app/ios/.xcode.env
+++ b/suite-native/app/ios/.xcode.env
@@ -7,6 +7,26 @@
 # Customize the NODE_BINARY variable here.
 # For example, to use nvm with brew, add the following line
 # . "$(brew --prefix nvm)/nvm.sh" --no-use
-export NODE_BINARY=$(command -v node)
+
+# We are in monorepo so index.js not located in root but in package
 export ENTRY_FILE="suite-native/app/index.js"
-export PROJECT_ROOT=$PWD
+
+# Path to react-native folder inside node_modules
+REACT_NATIVE_DIR="$(cd "$(dirname "${BASH_SOURCE[0]}")/.." && pwd)"
+# The project should be located next to where react-native is installed
+# in node_modules, but we have monorepo so we need to go to suite-native/app
+export PROJECT_ROOT=${PROJECT_ROOT:-"$REACT_NATIVE_DIR/../../suite-native/app"}
+
+# We need to switch pwd to the repo repo root before running node set up script
+# because it needs to be excuted from folder with .nvmrc
+PREV_DIR="$PWD"
+cd "$REACT_NATIVE_DIR/../../"
+
+# Setup node environment
+source "$PROJECT_ROOT/ios/find-node-for-xcode.sh"
+
+# Now switch back to previous pwd to not break anything
+cd "$PREV_DIR"
+
+# Set node binary path
+export NODE_BINARY=$(command -v node)
diff --git a/suite-native/app/ios/find-node-for-xcode.sh b/suite-native/app/ios/find-node-for-xcode.sh
new file mode 100644
index 0000000000..ba94e5b0a0
--- /dev/null
+++ b/suite-native/app/ios/find-node-for-xcode.sh
@@ -0,0 +1,88 @@
+#!/bin/bash
+
+# This script is mostly copied from node_modules/react-native/scripts/xcode/find-node-for-xcode.sh
+# It was necessary to copy it because the original script was deprecated in favor of manually defining
+# you node path in .xcode.env file. This is quite unfortunate because node could be located in many different
+# places depends if you use nvm, fnm, nodenv, asdf, volta, etc. So I decided to copy the script and use it
+# to setup node env as RN did automatically before.
+
+# Part for "fnm" was modified because it doesn't called "fnm use" before and that caused to fallback default node version
+
+# This script needs to be executed in same pwd where .nvmrc is located.
+
+set -e
+
+# WHY WE NEED THIS:
+# This script is used to find a valid instance of `node` installed in the machine.
+# This script is sourced by other scripts to get access to node.
+# Specifically, it is used by the `react-native-xcode.sh` script, invoked by a
+# post-build phase in Xcode, to build the js files required by React Native.
+#
+# DEPRECATION NOTE:
+# React Native should not make assumptions on your current node environment.
+# This file is deprecated and will be removed in a future release in favor of something
+# node-agnostic and configurable by the developers.
+
+# remove global prefix if it's already set
+# the running shell process will choose a node binary and a global package directory breaks version managers
+unset PREFIX
+
+# Support Homebrew on M1
+HOMEBREW_M1_BIN=/opt/homebrew/bin
+if [[ -d $HOMEBREW_M1_BIN && ! $PATH =~ $HOMEBREW_M1_BIN ]]; then
+  export PATH="$HOMEBREW_M1_BIN:$PATH"
+fi
+
+# Define NVM_DIR and source the nvm.sh setup script
+[ -z "$NVM_DIR" ] && export NVM_DIR="$HOME/.nvm"
+
+# Source nvm with '--no-use' and then `nvm use` to respect .nvmrc
+# See: https://github.com/nvm-sh/nvm/issues/2053
+if [[ -s "$HOME/.nvm/nvm.sh" ]]; then
+  # shellcheck source=/dev/null
+  . "$HOME/.nvm/nvm.sh" --no-use
+  nvm use 2> /dev/null || nvm use default
+elif [[ -x "$(command -v brew)" && -s "$(brew --prefix nvm)/nvm.sh" ]]; then
+  # shellcheck source=/dev/null
+  . "$(brew --prefix nvm)/nvm.sh" --no-use
+  nvm use 2> /dev/null || nvm use default
+fi
+
+# Set up the nodenv node version manager if present
+if [[ -x "$HOME/.nodenv/bin/nodenv" ]]; then
+  eval "$("$HOME/.nodenv/bin/nodenv" init -)"
+elif [[ -x "$(command -v brew)" && -x "$(brew --prefix nodenv)/bin/nodenv" ]]; then
+  eval "$("$(brew --prefix nodenv)/bin/nodenv" init -)"
+fi
+
+# Set up the ndenv of anyenv if preset
+if [[ ! -x node && -d ${HOME}/.anyenv/bin ]]; then
+  export PATH=${HOME}/.anyenv/bin:${PATH}
+  if [[ "$(anyenv envs | grep -c ndenv )" -eq 1 ]]; then
+    eval "$(anyenv init -)"
+  fi
+fi
+
+# Set up asdf-vm if present
+if [[ -f "$HOME/.asdf/asdf.sh" ]]; then
+  # shellcheck source=/dev/null
+  . "$HOME/.asdf/asdf.sh"
+elif [[ -x "$(command -v brew)" && -f "$(brew --prefix asdf)/asdf.sh" ]]; then
+  # shellcheck source=/dev/null
+  . "$(brew --prefix asdf)/asdf.sh"
+fi
+
+# Set up volta if present
+if [[ -x "$HOME/.volta/bin/node" ]]; then
+  export VOLTA_HOME="$HOME/.volta"
+  export PATH="$VOLTA_HOME/bin:$PATH"
+fi
+
+# Set up the fnm node version manager if present
+if [[ -x "$HOME/.fnm/fnm" ]]; then
+  eval "$("$HOME/.fnm/fnm" env)"
+  fnm use
+elif [[ -x "$(command -v brew)" && -x "$(brew --prefix fnm)/bin/fnm" ]]; then
+  eval "$("$(brew --prefix fnm)/bin/fnm" env)"
+  fnm use
+fi