Dropbox Paper vs Microsoft Loop
Price, platforms and features side by side. The table says where each price was read and when.
Dropbox Paper
Free collaborative documents that live in a Dropbox account
Microsoft Loop
Shared workspaces and pages with components that sync across apps
Where they differ
- Dropbox Paper starts at $9.99 per month, billed yearly (Dropbox Plus). Microsoft Loop starts at $5.40 per user / month, paid yearly (Microsoft 365 Business Basic, no Teams).
- Dropbox Paper also covers tasks.
At a glance
| Dropbox Paper | Microsoft Loop | |
|---|---|---|
| Pricing | Free plan | Free plan |
| Starts at | $9.99 per month, billed yearly (Dropbox Plus) | $5.40 per user / month, paid yearly (Microsoft 365 Business Basic, no Teams) |
| Free plan | Paper is free with any Dropbox account, including the free Basic plan with 2 GB of storage. There is no limit on the number of docs, and each doc takes up less than 100 bytes of storage. | Free with a personal Microsoft account on the web, iOS and Android. Workspaces and pages count toward the account's Microsoft storage quota; Copilot and Loop components in Teams or Outlook are not available. |
| Free trial | 30-day free trial of the Dropbox Standard and Advanced team plans | One-month free trial of Microsoft 365 business plans; credit card required, converts to a paid plan |
| Web | ||
| iOS | ||
| Android | ||
| Made by | Dropbox | Microsoft |
| Price read from | dropbox.com | microsoft.com |
| Checked | Oct 5, 2026 | Oct 5, 2026 |
Who each one suits
Dropbox Paper
- Teams that already keep their files in Dropbox
- Meeting notes, briefs and plans with assigned to-dos
- People who want shared docs without paying for another tool
Microsoft Loop
- Teams that already work in Microsoft 365, Teams and Outlook
- Agendas, task lists and notes that have to stay in sync across apps
- Personal projects on a free Microsoft account
Worth knowing
Dropbox Paper
- Paper has no plan of its own: it is free with a Dropbox account, and everyone who opens a doc has to sign in to Dropbox.
- Docs cannot be edited offline; the Dropbox desktop app stores them as web-based files that open only on dropbox.com.
- No more than 50 people can edit a doc at once, and inserted files are limited to 50 MB each.
- On the new release of Paper, the Slack integration's commands and previews do not work and docs can only be exported one at a time.
Microsoft Loop
- Loop is not sold on its own: work use comes with a Microsoft 365 subscription that includes OneDrive or SharePoint storage.
- Microsoft's plans page names Loop only under Business Standard and Premium, while its Loop support page says any work account with that storage can create workspaces.
- Microsoft's support page says Loop does not currently support external sharing with guests or people outside the organization.
- Copilot in Loop needs a Microsoft 365 Copilot plan on work accounts and is not available with personal accounts, even on Microsoft 365 Personal or Family.
Key features
Dropbox Paper
- Real-time co-editing
- Up to 50 people can edit a doc at the same time; anyone beyond that sees it as view-only. Collaborators can be mentioned in the text to bring them into a doc.
- Comments on text and images
- Comments attach to highlighted text or to a selected area of an image, can mention colleagues to notify them, and can be linked to directly.
- To-dos with assignees and due dates
- Checklist items are assigned by mentioning someone and can carry a due date. A Things to do sidebar gathers the to-dos assigned to a user and those they assigned to others.
- Tables, timelines and embedded files
- Docs can hold tables, timelines and code blocks. Files under 50 MB can be dragged in and are previewed inline when Paper supports the file type.
- Templates
- Dropbox supplies pre-designed templates for formats such as project plans and creative briefs, and any doc can be turned into a reusable template.
- Stored as Dropbox files
- Docs sit in Dropbox folders as .paper files, follow the account's sharing policies and use Dropbox version history. Each doc can be exported as .docx, Markdown or PDF.
Microsoft Loop
- Workspaces
- Shared spaces that group the pages, links and files for a project, so a team can see what everyone is working on and track progress toward shared goals.
- Pages
- Flexible canvases that bring together components, links, tasks and data. A page can be shared across Microsoft 365 apps as a link or as an embedded component.
- Loop components
- Lists, tables and notes that stay in sync wherever they are shared, including Teams, Outlook, OneNote and Whiteboard. They are not supported with personal Microsoft accounts.
- Page templates
- Templates set up a page for project context, meeting notes or a team decision, and an insert menu adds components, mentions and dates inline.
- Copilot in Loop
- Helps a team co-create content and catch up on changes to a page. It requires a Microsoft 365 Copilot plan and a work or school account.
- Suggested files for new workspaces
- When a workspace is created, Loop searches for relevant files and documents and offers to add them.
Plans
Dropbox Paper
Basic$0
Free Dropbox account with 2 GB of storage. Paper is included at no charge, with no limit on the number of docs.
Plus$9.99
per month, billed yearly ($11.99 billed monthly)
For 1 person: the same Paper editor with 2 TB of Dropbox storage and 30 days of version history and deleted-file recovery.
Standard$15
per user / month, billed yearly ($18 billed monthly)
Team plan with storage from 3 TB, team folders, admin controls and 180 days of version history, which also covers Paper docs.
Advanced$24
per user / month, billed yearly ($30 billed monthly)
For 3 people or more: storage from 15 TB, single sign-on, tiered admin management and 1 year of version history.
EnterpriseCustom
Custom pricing with integrations for third-party security tools and live support from dedicated staff.
Microsoft Loop
Personal Microsoft account$0
Loop on the web, iOS and Android with workspaces and pages. No Copilot, and components cannot be used in Teams or Outlook.
Business Basic (no Teams)$5.40
per user / month, paid yearly ($7.00 with Teams)
Web and mobile Office apps with OneDrive and SharePoint, the storage license Microsoft's Loop support page says the Loop app needs.
Business Standard with Copilot$23.50
per user / month, paid yearly ($20.30 without Teams)
Desktop Office apps and Copilot. The lowest business plan whose listing names Loop and the ability to create shareable Loop workspaces.
Business Premium with Copilot$32.00
per user / month, paid yearly ($28.80 without Teams)
Everything in Standard plus Intune device management, Defender threat protection and Purview data protection, for up to 300 users.
Ways to pay less
Dropbox Paper
- Annual discount
About 17% to 20% lower with yearly billing
Billed yearly, Dropbox Plus is $9.99 a month instead of $11.99, Standard is $15 per user instead of $18, and Advanced is $24 per user instead of $30. Paper itself stays free.
Microsoft Loop
- Nonprofit
Nonprofit grant and staff pricing
Eligible nonprofits get Microsoft 365 Business Basic as a grant, free for up to 300 users, and Business Standard, which lists Loop, at $3.50 per user / month paid yearly.
