diff --git a/src/libs/actions/IOU.ts b/src/libs/actions/IOU.ts
index f34f1562a2fc..2528add01bbb 100644
--- a/src/libs/actions/IOU.ts
+++ b/src/libs/actions/IOU.ts
@@ -1,3 +1,4 @@
+import type {ParamListBase, StackNavigationState} from '@react-navigation/native';
 import type {StackScreenProps} from '@react-navigation/stack';
 import {format} from 'date-fns';
 import fastMerge from 'expensify-common/lib/fastMerge';
@@ -43,7 +44,7 @@ import type {OptimisticChatReport, OptimisticCreatedReportAction, OptimisticIOUR
 import * as TransactionUtils from '@libs/TransactionUtils';
 import * as UserUtils from '@libs/UserUtils';
 import ViolationsUtils from '@libs/Violations/ViolationsUtils';
-import type {MoneyRequestNavigatorParamList} from '@navigation/types';
+import type {MoneyRequestNavigatorParamList, NavigationPartialRoute} from '@navigation/types';
 import CONST from '@src/CONST';
 import ONYXKEYS from '@src/ONYXKEYS';
 import ROUTES from '@src/ROUTES';
@@ -260,6 +261,28 @@ function clearMoneyRequest(transactionID: string) {
     Onyx.set(`${ONYXKEYS.COLLECTION.TRANSACTION_DRAFT}${transactionID}`, null);
 }
 
+/**
+ * Update money request-related pages IOU type params
+ */
+function updateMoneyRequestTypeParams(routes: StackNavigationState<ParamListBase>['routes'] | NavigationPartialRoute[], newIouType: string, tab: string) {
+    routes.forEach((route) => {
+        const tabList = [CONST.TAB_REQUEST.DISTANCE, CONST.TAB_REQUEST.MANUAL, CONST.TAB_REQUEST.SCAN] as string[];
+        if (!route.name.startsWith('Money_Request_') && !tabList.includes(route.name)) {
+            return;
+        }
+        const newParams: Record<string, unknown> = {iouType: newIouType};
+        if (route.name === 'Money_Request_Create') {
+            // Both screen and nested params are needed to properly update the nested tab navigator
+            newParams.params = {...newParams};
+            newParams.screen = tab;
+        }
+        Navigation.setParams(newParams, route.key ?? '');
+
+        // Recursively update nested money request tab params
+        updateMoneyRequestTypeParams(route.state?.routes ?? [], newIouType, tab);
+    });
+}
+
 // eslint-disable-next-line @typescript-eslint/naming-convention
 function startMoneyRequest_temporaryForRefactor(iouType: ValueOf<typeof CONST.IOU.TYPE>, reportID: string) {
     clearMoneyRequest(CONST.IOU.OPTIMISTIC_TRANSACTION_ID);
@@ -4234,6 +4257,8 @@ export {
     initMoneyRequest,
     startMoneyRequest_temporaryForRefactor,
     resetMoneyRequestInfo,
+    clearMoneyRequest,
+    updateMoneyRequestTypeParams,
     setMoneyRequestAmount_temporaryForRefactor,
     setMoneyRequestBillable_temporaryForRefactor,
     setMoneyRequestCreated,
diff --git a/src/pages/iou/request/IOURequestStartPage.js b/src/pages/iou/request/IOURequestStartPage.js
index 92a1ded0e9d6..8e50577ede1f 100644
--- a/src/pages/iou/request/IOURequestStartPage.js
+++ b/src/pages/iou/request/IOURequestStartPage.js
@@ -1,4 +1,4 @@
-import {useFocusEffect} from '@react-navigation/native';
+import {useFocusEffect, useNavigation} from '@react-navigation/native';
 import lodashGet from 'lodash/get';
 import PropTypes from 'prop-types';
 import React, {useCallback, useEffect, useRef, useState} from 'react';
@@ -71,6 +71,7 @@ function IOURequestStartPage({
 }) {
     const styles = useThemeStyles();
     const {translate} = useLocalize();
+    const navigation = useNavigation();
     const [isDraggingOver, setIsDraggingOver] = useState(false);
     const tabTitles = {
         [CONST.IOU.TYPE.REQUEST]: translate('iou.requestMoney'),
@@ -120,10 +121,13 @@ function IOURequestStartPage({
             if (newIouType === previousIOURequestType) {
                 return;
             }
+            if (iouType === CONST.IOU.TYPE.SPLIT && transaction.isFromGlobalCreate) {
+                IOU.updateMoneyRequestTypeParams(navigation.getState().routes, CONST.IOU.TYPE.REQUEST, newIouType);
+            }
             IOU.initMoneyRequest(reportID, isFromGlobalCreate, newIouType);
             transactionRequestType.current = newIouType;
         },
-        [previousIOURequestType, reportID, isFromGlobalCreate],
+        [previousIOURequestType, reportID, isFromGlobalCreate, iouType, navigation, transaction.isFromGlobalCreate],
     );
 
     if (!transaction.transactionID) {
diff --git a/src/pages/iou/request/MoneyTemporaryForRefactorRequestParticipantsSelector.js b/src/pages/iou/request/MoneyTemporaryForRefactorRequestParticipantsSelector.js
index 238b66c0e727..2865316b7fd5 100644
--- a/src/pages/iou/request/MoneyTemporaryForRefactorRequestParticipantsSelector.js
+++ b/src/pages/iou/request/MoneyTemporaryForRefactorRequestParticipantsSelector.js
@@ -234,7 +234,7 @@ function MoneyTemporaryForRefactorRequestParticipantsSelector({
                 ];
             }
 
-            onParticipantsAdded(newSelectedOptions);
+            onParticipantsAdded(newSelectedOptions, newSelectedOptions.length !== 0 ? CONST.IOU.TYPE.SPLIT : undefined);
         },
         [participants, onParticipantsAdded],
     );
@@ -263,7 +263,7 @@ function MoneyTemporaryForRefactorRequestParticipantsSelector({
             return;
         }
 
-        onFinish();
+        onFinish(CONST.IOU.TYPE.SPLIT);
     }, [shouldShowSplitBillErrorMessage, onFinish]);
 
     const footerContent = useMemo(
diff --git a/src/pages/iou/request/step/IOURequestStepConfirmation.js b/src/pages/iou/request/step/IOURequestStepConfirmation.js
index 1ec793c96244..9904f64d6833 100644
--- a/src/pages/iou/request/step/IOURequestStepConfirmation.js
+++ b/src/pages/iou/request/step/IOURequestStepConfirmation.js
@@ -155,11 +155,6 @@ function IOURequestStepConfirmation({
         // If there is not a report attached to the IOU with a reportID, then the participants were manually selected and the user needs taken
         // back to the participants step
         if (!transaction.participantsAutoAssigned) {
-            // When going back to the participants step, if the iou is a "request" (not a split), then the participants need to be cleared from the
-            // transaction so that the participant can be selected again.
-            if (iouType === CONST.IOU.TYPE.REQUEST) {
-                IOU.setMoneyRequestParticipants_temporaryForRefactor(transactionID, []);
-            }
             Navigation.goBack(ROUTES.MONEY_REQUEST_STEP_PARTICIPANTS.getRoute(iouType, transactionID, reportID));
             return;
         }
diff --git a/src/pages/iou/request/step/IOURequestStepParticipants.js b/src/pages/iou/request/step/IOURequestStepParticipants.js
index 675eb0d03448..b2f5cbb68cd1 100644
--- a/src/pages/iou/request/step/IOURequestStepParticipants.js
+++ b/src/pages/iou/request/step/IOURequestStepParticipants.js
@@ -1,5 +1,7 @@
+import {useNavigation} from '@react-navigation/native';
 import lodashGet from 'lodash/get';
 import React, {useCallback, useEffect, useRef} from 'react';
+import _ from 'underscore';
 import transactionPropTypes from '@components/transactionPropTypes';
 import useLocalize from '@hooks/useLocalize';
 import compose from '@libs/compose';
@@ -36,13 +38,16 @@ function IOURequestStepParticipants({
     transaction: {participants = []},
 }) {
     const {translate} = useLocalize();
+    const navigation = useNavigation();
     const selectedReportID = useRef(reportID);
     const numberOfParticipants = useRef(participants.length);
     const iouRequestType = TransactionUtils.getRequestType(transaction);
-    const headerTitle = translate(TransactionUtils.getHeaderTitleTranslationKey(transaction));
+    const isSplitRequest = iouType === CONST.IOU.TYPE.SPLIT;
+    const headerTitle = isSplitRequest ? translate('iou.split') : translate(TransactionUtils.getHeaderTitleTranslationKey(transaction));
     const receiptFilename = lodashGet(transaction, 'filename');
     const receiptPath = lodashGet(transaction, 'receipt.source');
     const receiptType = lodashGet(transaction, 'receipt.type');
+    const newIouType = useRef();
 
     // When the component mounts, if there is a receipt, see if the image can be read from the disk. If not, redirect the user to the starting step of the flow.
     // This is because until the request is saved, the receipt file is only stored in the browsers memory as a blob:// and if the browser is refreshed, then
@@ -51,8 +56,40 @@ function IOURequestStepParticipants({
         IOU.navigateToStartStepIfScanFileCannotBeRead(receiptFilename, receiptPath, () => {}, iouRequestType, iouType, transactionID, reportID, receiptType);
     }, [receiptType, receiptPath, receiptFilename, iouRequestType, iouType, transactionID, reportID]);
 
+    const updateRouteParams = useCallback(() => {
+        IOU.updateMoneyRequestTypeParams(navigation.getState().routes, newIouType.current);
+    }, [navigation]);
+
+    useEffect(() => {
+        if (!newIouType.current) {
+            return;
+        }
+        // Participants can be added as normal or split participants. We want to wait for the participants' data to be updated before
+        // updating the money request type route params reducing the overhead of the thread and preventing possible jitters in UI.
+        updateRouteParams();
+        newIouType.current = null;
+    }, [participants, updateRouteParams]);
+
     const addParticipant = useCallback(
-        (val) => {
+        (val, selectedIouType) => {
+            const isSplit = selectedIouType === CONST.IOU.TYPE.SPLIT;
+            // It's only possible to switch between REQUEST and SPLIT.
+            // We want to update the IOU type only if it's not updated yet to prevent unnecessary updates.
+            if (isSplit && iouType !== CONST.IOU.TYPE.SPLIT) {
+                newIouType.current = CONST.IOU.TYPE.SPLIT;
+            } else if (!isSplit && iouType === CONST.IOU.TYPE.SPLIT) {
+                // Non-split can be either REQUEST or SEND. Instead of checking whether
+                // the current IOU type is not a REQUEST (true for SEND), we check whether the current IOU type is a SPLIT.
+                newIouType.current = CONST.IOU.TYPE.REQUEST;
+            }
+
+            // If the Onyx participants has the same items as the selected participants (val), Onyx won't update it
+            // thus this component won't rerender, so we can immediately update the route params.
+            if (newIouType.current && _.isEqual(participants, val)) {
+                updateRouteParams();
+                newIouType.current = null;
+            }
+
             IOU.setMoneyRequestParticipants_temporaryForRefactor(transactionID, val);
             numberOfParticipants.current = val.length;
 
@@ -66,15 +103,19 @@ function IOURequestStepParticipants({
             // When a participant is selected, the reportID needs to be saved because that's the reportID that will be used in the confirmation step.
             selectedReportID.current = lodashGet(val, '[0].reportID', reportID);
         },
-        [reportID, transactionID],
+        [reportID, transactionID, iouType, participants, updateRouteParams],
     );
 
-    const goToNextStep = useCallback(() => {
-        const nextStepIOUType = numberOfParticipants.current === 1 ? iouType : CONST.IOU.TYPE.SPLIT;
-        IOU.setMoneyRequestTag(transactionID, '');
-        IOU.setMoneyRequestCategory(transactionID, '');
-        Navigation.navigate(ROUTES.MONEY_REQUEST_STEP_CONFIRMATION.getRoute(nextStepIOUType, transactionID, selectedReportID.current || reportID));
-    }, [iouType, transactionID, reportID]);
+    const goToNextStep = useCallback(
+        (selectedIouType) => {
+            const isSplit = selectedIouType === CONST.IOU.TYPE.SPLIT;
+            const nextStepIOUType = !isSplit && iouType !== CONST.IOU.TYPE.REQUEST ? CONST.IOU.TYPE.REQUEST : iouType;
+            IOU.setMoneyRequestTag(transactionID, '');
+            IOU.setMoneyRequestCategory(transactionID, '');
+            Navigation.navigate(ROUTES.MONEY_REQUEST_STEP_CONFIRMATION.getRoute(nextStepIOUType, transactionID, selectedReportID.current || reportID));
+        },
+        [iouType, transactionID, reportID],
+    );
 
     const navigateBack = useCallback(() => {
         IOUUtils.navigateToStartMoneyRequestStep(iouRequestType, iouType, transactionID, reportID);
@@ -90,7 +131,7 @@ function IOURequestStepParticipants({
         >
             {({didScreenTransitionEnd}) => (
                 <MoneyRequestParticipantsSelector
-                    participants={participants}
+                    participants={isSplitRequest ? participants : []}
                     onParticipantsAdded={addParticipant}
                     onFinish={goToNextStep}
                     iouType={iouType}