The Space Owner has the ability to transfer ownership to any other Admin that is already part of that Space. To do so:
Log in to your account at lingoapp.com/login
Select the appropriate Space (if you have more than one) by clicking on your avatar (bottom left corner)
Select "Billing" in the Left Rail
Select "Transfer Ownership" (you'll need to select the three dots next to the Change Plan button)
Select the Admin you wish to transfer ownership of the Space to. If the person you are looking for does not appear on the list, it means they have not yet accepted your invitation to the Space or they have not been granted Admin access. A member's role can be changed to Admin by selecting the "Make them an admin" link found in the middle of the page. When transferring a Space, the new owner will take ownership immediately and continue to have the current billing information associated with this Space